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Andreas Steno Larsen, founder & CEO at https://x.com/AndreasSteno, argues that oil prices are the primary driver of bond market volatility rather than bond activity influencing oil.
He notes that this dynamic is contributing to wider daily ranges and higher yields in the current market environment.
Larsen has previously remarked on changing sector dynamics, stating that recent conflicts have been less beneficial for defense stocks and contractors. In a separate analysis, he discussed a perceived shift in Federal Reserve leadership style from Jerome Powell to Kevin Warsh. Both observations reflect his ongoing focus on drivers behind major market shifts.