Yields Poised for Short-Term Correction, Bianco Says

The video discusses the uncertain economic outlook due to lack of clarity from Congress and the ongoing impact of COVID-19. It highlights the absence of fiscal stimulus and its potential to slow the economy. The Federal Reserve's role is considered crucial as Treasury yields show significant fluctuations. The discussion predicts a short-term correction in yields but anticipates higher yields by summer 2021, driven by potential inflation.

What is the significance of the March 9th low of 33 basis points?

What expectations does the speaker have regarding inflation in the near future?