Bond Market Is Focal Point of Trade War for RBC’s Schaffrik

The transcript discusses the uncertainty surrounding trade deals and their impact on financial markets. It highlights the difficulty in predicting the first signs of a trade deal, with a focus on Treasurys and bond yields as potential indicators. The conversation also covers the implications of a phase one trade deal, suggesting it may provide temporary relief from escalating trade tensions, especially in the context of upcoming US elections.

What are the potential first signs of a trade deal according to the text?

In what ways does the speaker believe the equity market might respond to a trade deal?

How might the bond market react to a phase one trade deal?

What does the speaker suggest about the future of trade tensions?

What factors could influence the market after the next US elections?