Panmure Gordon's French Sees Value at Long End of U.S. Yield Curve

The video discusses the current state of the treasury market, noting that recent bond yield declines are not indicative of a strong rally. It highlights the impact of global stock market turmoil and the S&P 500's movements on bond yields. The discussion shifts to the US yield curve, emphasizing its value despite market nervousness and the potential for liquidity flow if the global economic outlook worsens. The video also covers expectations around the Federal Reserve's monetary policy, suggesting a gradual approach due to differing central bank attitudes and the spillover of US economic demand into the global economy.

What is the significance of the long end of the US yield curve according to the speaker?

In what way does the speaker believe the global economic outlook is deteriorating?