Still 'Constructive' on U.S. Treasuries, Brandywine Global Says

The video discusses the current state of interest rates, emphasizing that US rates are unlikely to go negative despite global trends. It highlights the significant amount of negative debt worldwide and ongoing trade tensions. The speaker remains optimistic about Treasury yields, expecting them to decrease but not turn negative. The US is seen as having a stronger growth position compared to Europe and Japan, offering relative value in Treasurys. However, for yields to decrease further, market consolidation and labor market weakness are necessary, suggesting yields may remain stable for now.

What is the teacher's view on negative interest rates in the US?

What factors does the teacher believe are necessary for bond yields to head lower?