10-Year Treasury Yield to Fall Further, HSBC's Major Says

The video discusses recent trends in Treasury yields, focusing on the reflation trade and market expectations. It highlights the structural drivers that influence interest rates, such as debt overhang and technology, and examines the impact of the pandemic on economic recovery and interest rates. The discussion also covers the challenges and risks in forecasting interest rates, emphasizing the importance of understanding long-term economic factors.

What factors contributed to the market's overestimation of the speed and magnitude of rate hikes?

How does the pandemic influence the natural rate of interest?

What are the potential implications of lower potential GDP on interest rates?