The bond market tried to give Treasury Secretary Scott Bessent his rally back but gold stood firm and the US dollar struggled to rebound. The economy is back in focus to see what's next as S&P Global PMI data feeds Fed rate expectations. tastylive's Head of Global Macro Ilya Spivak looks at price signals in stocks, bonds, crude oil, gold, and the US dollar to decipher what the markets may do next. 00:00 Markets Digest the Bessent Bond Shock 02:20 Stocks Pull Back, but the Uptrend Holds 04:35 Oil Rises as US-Iran Tensions Persist 06:30 Bonds, Gold and the Dollar React to Treasury Policy 09:10 Why Gold Was Rallying Before Bessent’s Move 11:45 US PMI Data Puts the Economy Back in Focus 14:10 Fed Rate Hike Expectations Are Fading 16:20 Weak Economic Data Points to Slower Growth 18:25 Positioning: Long Gold, Silver, Bitcoin & Bonds 📊 tastylive: tastylive.com 📰 Get Tom Preston's pre-market analysis every morning: tastylive.com/newsletters 📘 FREE Options Strate...