# Disorderly trading?

Page: https://stenobird.com/podcast/nab-morning-call-427359/disorderly-trading
Text version: https://stenobird.com/podcast/nab-morning-call-427359/disorderly-trading.md
Podcast: [NAB Morning Call](https://stenobird.com/podcast/nab-morning-call-427359)
Published: 2026-08-20T20:30:50+00:00
Episode link: https://shows.acast.com/morningcall/episodes/disorderly-trading
Audio file: https://sphinx.acast.com/p/open/s/631a89913c2be9001415dc41/e/6a8763fb041118f249f80912/media.mp3
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JSON: https://stenobird.com/v1/public/podcasts/nab-morning-call-427359/episodes/disorderly-trading
Duration seconds: 1012

## Resource

Friday 21st August 2026 NAB Markets Research Disclaimer   Financial Services Guide | Information on our services - NAB US Treasury Secretary Scott Bessent is pushing harder on bringing bond yields down, saying he needs to ensure ‘more orderly trading’. That is taken to mean even more buybacks, with a plan expected today or Monday on the scale and shape of it. NAB’s Gavin Friend joins Phil to discuss how the market is taking to it. Oil traders meanwhile have pushed prices higher as the US President promises economic warfare against any country trading with Iran, with China presumably the main focus, but no details yet beyond a social post. Gavin also discusses with Phil yesterday’s softer than expected Australian employment numbers, and they look ahead to today, including the flash PMIs for Europe and the US. Hosted on Acast. See acast.com/privacy for more information.

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