Jeffrey Gundlach on Tariffs and Market Volatility (youtube.com)
People seem to be deleveraging in bond market. They're selling what appears to be the least losses. Lower risk stuff isn't really trading. If they sell all the low stuff and still have to raise cash, they will have to start selling the more secure stuff.
Oil below $60, first time since 2021. Market's oversupplied. Trump reportedly wants to go down to $50-55, which is below the economics of the Permian, and could cause some real issues for producers.