Economist Rosenberg Sees Downward Pull on Treasury Yields

The video discusses the factors influencing bond yields, including expectations on the Federal Reserve, inflation, and global economic conditions. It challenges the notion that Treasury yields will rise significantly post-COVID, citing historical trends and fundamental economic forces like aging demographics and high debt levels. The discussion highlights the potential for temporary growth due to pent-up demand but suggests long-term constraints on inflation and growth.

What does the speaker suggest about the impact of pent-up demand on the economy post-COVID?

According to the speaker, what are the fundamental forces that have led to low inflation and interest rates?