"I expect rates to remain elevated through Q3 as inflation proves stickier than anticipated. The Fed's commitment to bringing inflation down to target levels suggests a cautious approach to any policy pivot."

"The yield curve will likely steepen as the Fed begins its easing cycle in late 2023. Economic indicators suggest a softening labor market and declining inflation pressures, which should prompt at least two rate cuts by year-end."

"Emerging market volatility will drive safe-haven flows, keeping long-term rates lower than consensus. While short-term rates may hold steady, we expect the long end of the curve to remain anchored by global economic uncertainty."