Could See Bond Yields Heading Lower, Says ING’s Carnell

The video discusses the challenges in reaching a trade deal and the impact of labor market data, particularly due to GM strikes and census worker releases. It examines market reactions to these developments, focusing on bond market trends and forecasts. The discussion then shifts to the Federal Reserve's rate cuts, their limited impact on the real economy, and the potential need for further action if economic conditions worsen.

What are the expected impacts of the GM strikes on the labor market data?

What is the significance of the forecasted headline number being below 100,000?

How have bond markets been trending according to the discussion?

What does the speaker suggest about the effectiveness of monetary policy in the current economic climate?

What are the potential future actions of the Fed as indicated in the discussion?