Jersey, Collender on Bond Vigilantes and the Fed

The video discusses the current state of rate markets, highlighting the absence of bond vigilantes and the low volatility in fixed income rates. It examines recent US economic data, suggesting it is a temporary blip rather than a sign of significant growth. The Federal Reserve's strategy regarding interest rate hikes is explored, considering potential challenges like a government shutdown. Overall, the market is not pricing in significant risks, and the Fed aims to maintain a balanced approach.

How does the speaker assess the recent U.S. economic data and its implications for future growth?

What does the speaker imply about the potential for a government shutdown and its impact on the Fed's decisions?