U.S. Equity Rally Has Some Way to Go Still, Says Axioma's Schon

The video discusses the recent G20 meeting and its implications on the US equity market, focusing on the Federal Reserve's interest rate hikes and their potential impact on the yield curve. The discussion includes predictions by Goldman Sachs and debates on whether the US is at a neutral rate. The video also explores the effects of these economic factors on treasury yields, considering different economic scenarios and historical evidence.

How might the number of hikes affect treasury yields based on the current economic outlook?

What could happen to the 10-year yields if there is a slowdown in the economy?