The Week Ahead: 2022-08-14

The FOMC minutes the middle of the week probably the key driver

Bonds

Bonds managed to have to weekly closes under 141^25 which certainly helps the bearish case though I wouldn’t be surprised at a bounce attempt this week. I suspect they are looking toward the FOMC minutes before making any significant move. As to cycles, I wish I could conclusively say that we are now ready to roll down toward the end of the year bu…