US bond prices are pointing to an oncoming recession, raising the question of whether the Fed stays the course on its path to rate normalcy. Tony Nash, CEO, Complete Intelligence, discusses. This podcast first appeared and originally published at https://www.bfm.my/podcast/morning-run/market-watch/if-recession-is-coming-does-jay-powell-still-raise-rates on March 31, 2022. Show Notes SM: BFM 89 Nine. Good morning. You’re listening to the Morning Run. It’s 7:05 A.M. On Thursday, the 31 March, looking rather cloudy outside our Studios this morning. If you’re heading on your way to work, make sure to drive safe. First, let’s recap how global markets closed yesterday. KHC: US markets down was down.