Macro Strategy Insights

Diesel and Yields

We wrapped up the 6th Annapolis Summit on Friday. Three days of great conversations and insights with a record number of attendees. Lots to unpack, but for today, we will keep our focus on diesel and bond yields. We will build on last weekend’s Something is Rotten in the State of Yields. We did get the opportunity to discuss yields, diesel, and Iran on CNBC Monday as well. Diesel Diesel has become the “global” focus, rather than “just” the price of oil. We believe that is the correct focus, though we still see too much of the conversation focused on ... Diesel and Yields

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