Treasury Market Continues To (Mostly) Shrug Off Debt Ceiling Concerns

Most put/call ratios are neutral to moderately bullish, notes Randy Frederick. He and Collin Marin discuss the macro picture as debt ceiling discussions continue. They watch volatility as the VIX falls below 20. Collin mentions that the treasury market continues to (mostly) shrug off debt ceiling concerns. They then track important market technicals and takeaways from the May FOMC minutes. Some highlights include that several officials discussed readiness to respond to a debt limit crisis and the staff see a mild recession likely near the end of this year. Finally, they go over how investors can use tips to lock in yields. Tune in to find out more about the stock market today.