Treasury Bull Trend Not Broken

The transcript discusses the uncertainty in rate strategy due to potential changes in Fed leadership, with a focus on Gary Cohen and Janet Yellen. It highlights concerns about vacancies on the Fed board, which may lead to increased politicization and operational challenges. The conversation also covers market trends, particularly the stability of the 10-year treasury yield, despite earlier predictions of a bull market end. Factors such as globalization and central bank transparency are noted as influences on the yield curve.

What factor is contributing to the uncertainty in the rate strategy discussed in the video?

• The stability of the current administration

• The increase in inflation rates

• The resignation of Gary Cohen

• The appointment of a new Fed chair

Why might Yellen be considered for reappointment as Fed chair?

• Due to her strong political connections

• Because of her stance on central bank independence

• Due to her popularity with the public

• Because she supports Trump's deregulation agenda

What concern did Charles Plosser express about the Federal Reserve board?

• The board's slow decision-making process

• The board's lack of diversity

• The board's outdated policies

• The number of vacancies on the board

What has been the impact of central bank transparency on the rate cycle?

• It has increased volatility

• It has compressed the yield curve

• It has decreased investor confidence

• It has led to higher interest rates

What was the market's expectation at the beginning of the year regarding economic growth?

• A substantial boost due to Trumpomics

• A significant slowdown

• No change from the previous year

• A moderate increase