HSBC's Major Says Fed Not Hiking Rates for ‘Many Years to Come’

The video discusses recent changes in asset allocation and maintains a year-end forecast of 50 basis points, despite consensus expecting 100. It explores the Fed's strategy to keep yields low for an extended period, drawing parallels with Japan's long-term low rates. The discussion highlights the challenges in predicting future rate hikes and emphasizes the likelihood of low yields persisting for decades.

How does the speaker describe the current yield environment?

What is the current year-end forecast for interest rates mentioned in the text?

What is the paradox mentioned regarding the Fed's actions and the yield curve?

According to the speaker, how long might the low interest rate environment last?

What does the speaker suggest about the Fed's future actions regarding interest rates?