Markets in 3 Minutes: US Yield Curve to Steepen Again This Week

The video discusses the current fragility of markets and the influence of Fed speakers on market rallies. It highlights the nervousness in the treasury market due to large auctions and the potential for steepening. The discussion also covers recession predictions, with some economists revising their forecasts to expect a recession by the end of the year or early next year. The bond market has faced challenges, contrary to earlier expectations of recession and rate cuts. The importance of treasury auctions, particularly for 10-year and 30-year bonds, is emphasized as a signal for future market directions.

What does the speaker suggest about the bond market's performance this year?

What factors does the speaker believe will influence the demand for treasuries?