Ztrader Weekly Premium Macro Report| Week Ending May 24, 2026
The Bond Market Is Testing Political Tolerance
Core Thesis
The equity market is still trading earnings optimism.
The bond market is already trading fiscal reality.
AI concentration continues supporting headline indices, while rising yields, oil volatility, and fiscal pressure quietly destabilize the underlying structure.
The market is not pricing recession yet.
It is pricing the growing cost of preventin…
