Wk32 MacroTechnicals - The Credibility Tantrum (That Was)
Long-end tantrum may be done for now
This week I discuss why the credibility tantrum in the long end may prove to be an overreaction, and why risk assets can continue to look through last week’s rates shock. As a result, I think there are some great setups across various markets which I'll outline in the final 'Strategy Views' section.
