Fed Providing Policy 'Mis-Guidance': Pimco's Mather

The video discusses the current state of inflation expectations and the Federal Reserve's policy decisions. It highlights the market's skepticism about the Fed's ability to meet its inflation targets and suggests that the Fed's forward guidance has been misleading. The discussion covers the concept of a neutral policy rate, market mispricing, and the potential for inflation to overshoot. The video also explores investment strategies, particularly focusing on inflation-linked bonds, and examines the impact of global quantitative easing on the yield curve and portfolio positioning.

What implications does the speaker foresee regarding inflation-linked Treasurys?

What are the expected effects of quantitative easing on long-term yields according to the speaker?