Weekly Report
Rapidly shifting from bearish expecting RBA cuts toward constructive bullish recognizing inflation-driven hawkish floor creates unprecedented support with markets pricing 60-70% February hike probability
Weekly Report
Bearish consensus has complete dominance expecting continued weakness with January WASDE confirming oversupply trajectory yet acknowledging potential for tactical bounces from extreme positioning
Weekly Report
Fed easing cycle dramatically shallower than expected with terminal rate near 3% creating structurally bearish duration outlook; bonds likely consolidate 112-118 awaiting March FOMC clarity with pause expected