Core Viewpoint - The recent sell-off in U.S. Treasuries reflects a shift in market expectations towards optimism regarding economic growth [1] Group 1 - FHN Financial macro strategist Will Compernolle indicates that the sell-off in U.S. Treasuries is primarily driven by improved economic growth expectations [1] - There is evidence of resilience in economic hard data, suggesting that previous concerns about a potential crisis are diminishing [1] - The likelihood of the previously feared "doomsday scenario" occurring has significantly decreased, providing relief to the market [1]