Bank of Singapore's Mohi-Uddin Sees $1 Trillion U.S. Stimulus

The video discusses the U.S. fiscal stimulus plan, predicting a package around $1 trillion, less than the initial $1.9 trillion proposal. It examines the potential policy shifts under the new Treasury Secretary, Janet Yellen, who may adopt a more flexible approach to the dollar. Concerns about market stability around the inauguration are highlighted, with investors wary of potential unrest. The video also covers the rise in U.S. Treasury yields and the Federal Reserve's likely response, suggesting that current levels do not yet warrant action. Finally, currency forecasts predict a stronger euro and yuan against the dollar in 2021.

How might the Federal Reserve respond to rising treasury yields?

What is the potential impact of rising treasury yields on the dollar according to the text?

What are the expectations for the euro against the dollar in 2021?