The weather isn't the only thing heating up; North American central banks are expected to deliver large rate increases in July and the ECB should hike for the first time since 2011, while August should see sizeable rate hikes in the UK and Australia. Will the heat from rate hikes suffocate economies and markets?

Participants: 

• Jason Daw (Desk strategy), Head of North America Rates Strategy
• Blake Gwinn (Desk Startegy), Head of US Rates Strategy
• Peter Schaffrik (Desk Strategy), Head of UK/European Rates & Economics
• Adam Cole (Desk Strategy), Chief Currency Strategist
• Adam Jones (Trading), Head of US Credit Algo Trading

* Research Analyst opinions are their published views, independent of those expressed by Desk Analysts