Long-End Treasuries Are Attractive, TD Securities Says

The video discusses the attractiveness of long-term treasuries in the current economic environment, considering the Federal Reserve's commitment to a 2% inflation target. It explores the potential for a hard landing and the implications for unemployment rates. The speaker suggests a strategy focused on long-term treasuries, particularly 10-year and 30-year bonds, as a hedge against risk assets. The video also examines why economic data remains strong, considering factors like policy lags and consumer savings. It concludes with a discussion on interest rates, the Fed's potential actions, and the economic response to monetary policy.

In what ways might the current economic data be misleading regarding the strength of the economy?

What role do lags in economic response play in the effectiveness of monetary policy?