Morgan Stanley's Caron Says Yields Are Going Up for Right Reasons

The video discusses the recent market volatility, focusing on the rise in 10-year Treasury yields and its implications for equity markets. It examines Jay Powell's testimony, highlighting the market's reaction to his less dovish stance. The discussion also covers inflation targets, suggesting a potential overshoot and its impact on bond yields and equity markets. The overall sentiment is that the economy is in good shape, with growth and jobs contributing to healthy inflation.

In what ways does the speaker suggest that inflation is currently being generated?

What concerns does the speaker express regarding the potential for overheating in the economy?