US Rates: July Morning turns into Cruel Summer

JPMorgan Interest Rate Strategists Jay Barry and Srini Ramaswamy discuss recent events in the markets and their views going forward. This discussion covers a lot of ground, from the weak Payrolls report and subsequent Fed-speak, to recent headlines about issuance in the 20Y sector, to carry trade unwinds, swap spreads, volatility and the Fed’s balance sheet normalization.   Speakers: Jay Barry, Co-Head, US Rates Strategy Srini Ramaswamy, Co-Head, US Rates Strategy   This podcast was recorded on 9 August 2024 This communication is provided for information purposes only. Institutional clients can view the related reports at https://www.jpmm.com/research/content/GPS-4758481-0 and https://www.jpmm.com/research/content/GPS-4767527-0  for more information; please visit www.jpmm.com/research/disclosures for important disclosures. © 2024 JPMorgan Chase & Co. All rights reserved.