Slok: Foreigners Are Important Drivers of U.S. Treasuries

The video discusses the factors influencing the 10-year yield, including a shortage of bonds and the role of foreign holdings. It explains how economic conditions, such as inflation, impact rates and highlights the effects of negative interest rates globally. The discussion also covers the global economic outlook's influence on US rates and the unusual decoupling of US yields from global trends.

What implications does a shortage of Treasurys have on US rates?

What are the two main forces holding US rates down according to the text?

How does the global economic outlook affect US interest rates?

What factors need to improve for the entire yield curve to rise?

What historical context is provided regarding US yields at this point in the business cycle?