Ira Jersey: Low U.S. Yields a By-Product of Europe

The transcript discusses the pricing of credit and the impact of low yields in US Treasurys, influenced by European market conditions. It explores market dynamics, yield trends, and the implications of curve flattening, often linked to economic downturns. The conversation includes a comparison of global yields, highlighting low rates in Japan, Germany, and the UK. The discussion concludes with the effects of negative interest rates on public savings and economic uncertainty.

What are the potential consequences of slowing growth globally on long-term interest rates?

Discuss the implications of negative interest rates on personal savings behavior.