Asks for thoughts on 10-year yield at 4.08% and whether FOMC minutes will move the needle.
Sam
Cooper Howard
FOMC minutes won't move needle much; shows consensus to hold rates extended period.
Asks about impact of high global yields (Japan, Europe) and Trump tariffs on fixed income.
Sam
Cooper Howard
Higher Japanese yields, tariff concerns, debt/deficit loads put floor on US bond yields; sees more upside for longer-term yields.