PGIM CEO: Inflation Will Be Muted, Low Rates Here to Stay

The video discusses the potential for long-term growth without inflation, emphasizing that inflation may rise temporarily due to base effects but will likely remain low due to demographic and technological trends. It highlights deflationary behaviors like online shopping and supply chain digitization. The bond market's signals are analyzed, noting recent yield increases and concerns about borrowing and economic overheating. The video concludes with a discussion on global economic trends, emphasizing the US Treasury market's role in attracting international capital and maintaining low interest rates.

What factors are mentioned that could lead to a change in the current low rates?

Discuss the implications of the US Treasury market on global capital flows.