We Are a Bit More Optimistic on Global Economy in 2H, Says HSBC’s Balboni

The video discusses the global economic outlook for 2019, highlighting optimism for the second half of the year due to fiscal stimulus in China and potential recovery in the US. It explores the possibility of a Fed rate hike in September, which could be the last of the cycle, and its implications for Treasury yields. The discussion also covers future rate cuts in 2020 and their impact on the dollar and currency markets, emphasizing the dollar's strength in a relative world where other central banks have limited room to maneuver.

What are the long-term expectations for Treasury yields according to the speaker?

What is the speaker's perspective on the dollar's performance in relation to other currencies?