July FOMC Preview: The MUFG Global Markets Podcast

George Goncalves, MUFG Head of U.S. Macro Strategy, gives us his latest thoughts on the bond market and what to expect from the upcoming July FOMC meeting, and what may lie ahead as we enter the remaining weeks of the summer.

George believes that the Fed has an opportunity to deliver a positive message on current economic conditions while remaining balanced on the risks that still exist from COVID-19 to inflation concerns. The Fed could also push back on the direr read that is being projected by the bond market, with long-term rates low while curves too flat, by staying on track to eventually deliver taper news.

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