McCaughan, Schumacher on a U.S. Tax Reform Delay

The video discusses the impact of lower marginal tax rates on the economy, emphasizing the need for broadening the tax base to avoid increasing deficits. It highlights the political challenges in Washington and the reactions of equity and bond markets. The bond market shows mixed signals due to potential changes in Treasury issuance, with short-term rates affected by increased issuance expectations.

Discuss the potential impact of increased Treasury issuance on the market.

What factors are influencing the short end and long end rates in the bond market?