Bridgewater's Patterson Sees U.S. Bond Yields Going Higher

The video discusses the current state of the US 10-year yield and explores factors that could lead to an increase to 2%. It highlights the impact of fiscal stimulus, the economic recovery tied to vaccine rollout, and the new Fed framework. The discussion concludes with market implications, suggesting support for cyclical assets but a bearish outlook for bonds.

What uncertainties are mentioned that contribute to market volatility?

In what way is the current economic situation expected to affect cyclical assets and bonds?