BlackRock's Turnill Says Yields Are `Starting to Stabilize'

The video discusses the Federal Reserve's strategy of gradually raising interest rates, with expectations of three to four hikes this year. The market has already repriced, reflecting this outlook. Short-term treasury yields are now offering positive real returns, indicating a stabilization in the market. This stability is seen as beneficial for investing in risk assets, with equities offering high potential returns.

What is the significance of the two-year yields mentioned by the speaker?

What does the speaker believe about the environment for investing in risk assets?