Buchanan: 'Confused' Bond Markets Need Fed Clarification

The video discusses the current state of trading ranges and the confusion surrounding the Federal Reserve's communication. It highlights conflicting statements from Fed presidents and the market's uncertainty about future rate hikes. The discussion also covers market fundamentals, asymmetric risks, and the potential impact of yield changes. The video concludes with a debate on the yield curve and market strategies.

What are the implications of a backup in yield for the markets according to the discussion?

What does the speaker suggest is necessary for the Fed to gain clarity on growth?