Why Has The Rally in Treasuries Been Limited?

The video discusses the market's reaction to the Federal Reserve's monetary policies, highlighting the unchanged 10-year Treasury yields despite a drop in equities and commodities. It explores the implications of higher real yields and lower inflation compensation, suggesting a hawkish monetary stance. The discussion extends to global economic indicators, including declining oil prices and slowing demand, which may indicate lower future growth expectations. The video also examines the impact of aggressive central bank actions in emerging markets, particularly in Asia, in response to the tightening Fed policies and rising dollar liabilities.

What does the recent price action in treasuries indicate about market expectations?

How do the current real yields and inflation compensation reflect the Fed's monetary policy stance?

What implications does the decline in oil prices have on global demand and future growth expectations?

In what ways are emerging markets affected by the tightening of the Fed's monetary policy?

What trends are observed in global PMIs and how do they relate to manufacturing outputs?