Trading Insights

Macro Snapshots

  • Yield Curve Steepening: Long-end yields rising faster than short-end signals growth optimism, not policy stress
  • Fed Succession Risk: Trump’s upcoming Fed Chair announcement may tilt policy decisively dovish
  • AI Capex Cycle: CES reinforced long-duration AI investment across chips, data centers, and infrastructure
  • Geopolitical Risk Premium: US–Venezuela tensions driving flows into gold and commodities
  • Liquidity Still Constrained: Crypto and high-beta assets capped by thin market liquidity
  • Duration Repricing: Long bonds regaining appeal as rate trajectory shifts lower into 2026

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