U.S. Treasury yield curve (or pancake)? – The MUFG Global Markets Podcast

Weak March retail sales and expectations for weak April retail sales seem in stark contrast to current financial market pricing. Structural issues of the U.S. labor market suggest that any recovery could face challenges. What is an investor to do?

In this episode of the MUFG Global Markets Podcast, MUFG Rates Strategist John Herrmann explores the implications of weak retail sales and what recovery may look like, along with investment implications for that scenario.