Bond Yields to Stay Lower for Longer, HSBC's Major Says

The video discusses the current state and future of bond yields, focusing on the benchmark 10-year yield. It presents a forecast of 50 basis points by year-end, contrasting with a market consensus of nearly 100. The speaker emphasizes the importance of long-term debt dynamics and structural drivers like technology and demographics, suggesting a 'low for longer' scenario. The Fed's guidance on unchanged rates supports this view. The video concludes with an analysis of US Treasurys' returns, highlighting their performance as a store of value.

What does the speaker imply about the future of bond yields based on the Fed's guidance?

What is the total return on US Treasurys this year as mentioned by the speaker?