Dollar and Treasury Bonds Expected to Recover as U.S. Economic Outlook Improves

Goltermann highlights that these tariffs have led to diminished trust in the U.S. economy. Despite this, he maintains a positive outlook for the U.S., suggesting it may avoid a full recession. The Federal Reserve is expected to maintain interest rates this year, potentially restoring favorable interest rate differentials for the dollar. He also anticipates that the current turmoil in the bond market will ease.