Bond Yields: A Reflection of U.S., or Europe and Japan?

The video discusses the current state of the bond market, highlighting the impact of negative yields in Germany and Japan on US bond yields. It examines the US GDP forecast, noting low inventory growth and a new normal of below 2% growth. Inflation is identified as a lagging indicator, with recent wage increases suggesting potential inflationary pressures. The role of consumer spending as a key driver of the US economy is emphasized, supported by low gas prices and cheap imports.

What factors are influencing the current US bond yields according to the text?

How does the speaker describe the state of the US economy in relation to consumer spending?

What is the significance of low inventory growth mentioned in the text?

In what way does the speaker suggest inflation is a lagging indicator?

What are the implications of consumer spending trends for the US economy as discussed in the text?