HSBC's Major Says 10-Year Yield Could Go Below 2.1% by Year End

The video discusses the impact of trade on markets, focusing on the 10-year Treasury as a key indicator of global growth. It highlights the decline in growth forecasts and the implications for Treasury yields. The discussion includes potential policy responses, such as lower interest rates, and their effects on the bond market. The video concludes with a forecast for the US 10-year yield, suggesting it could fall below 2% due to expected rate cuts in 2020.

What does the 10-year Treasury yield reflect about the global economic picture?

What are the implications of lower rates for the economy according to the text?