After reading this post, I asked my agent to create a geopolitical sketch of the world today in the style of “Punch” relating to things that would affect US rates.
For a bull steepening mentioned by
@andyyy we need to really see a parallel downward shift in the USD curve with cuts.
I asked about the challenges to a parallel downwards shift. It said these challenges were trust / stability (demand) and spending (supply).
I asked it to draw a sketch after grabbing a load of relevant headlines and this is what it came up with.
The level of detail is fantastic.
I don’t know if it’s deliberate but it looks like if the venture thrusters fail, Uncle Sam crashes into Ukraine! So many layers in this image to unpack.