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Rates Spark: Feels Quite Digital This Time
2026-05-07 · via All Articles on Seeking Alpha

Summary

  • There's a lot of optimism about a deal to be struck between the US and Iran. We're fine with that.
  • But we are also cognizant that there is a polar opposite outcome that could still see us dipping back into a troubling direction, mostly as we've been down this route a few times now.
  • Market rates took a breather lower on Wednesday. Expect an edge higher ahead.
Government Shutdown - Federal Default

Greggory DiSalvo/iStock via Getty Images

By Padhraic Garvey, CFA, Regional Head of Research, Americas and Benjamin Schroeder, Senior Rates Strategist

Another day of waiting is likely through Thursday, and then we have an end game of sorts

Another waiting

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