HSBC's Steven Major on US Treasuries and Bund Yields

The video discusses the decision to set the Treasury call to 1.5%, explaining the process and challenges of updating bond yield forecasts. It explores the concept of a neutral rate and its implications, and discusses strategies to achieve this rate in the future, aligning with the Fed's policy guidance and inflation data.

What is the central bankers' goal regarding neutrality?

What does the speaker suggest is necessary to achieve a 2% nominal policy rate?