MKM's O'Hara Makes the Case to Short U.S. Treasury Futures

The video discusses market reactions to Fed Chair Powell's congressional testimony, highlighting a dovish response with rising S&P 500 futures and commodities, and a weaker dollar. It explores the relationship between gold and interest rates, noting historical trends and potential future movements. The discussion includes insights from JC O'Hara on Treasury notes, suggesting a strategy to short 10-year futures due to a strong uptrend and potential mean reversion.

What was the reaction of the S&P 500 futures to Powell's congressional testimony?

How did the Bloomberg Commodity Index respond to Fed Chair Powell's testimony?

What does gold represent in the context of Fed accommodation and future inflation?

What is the significance of the 10-year yield in relation to gold prices?

What trading strategy is suggested regarding Treasury note futures?