Pension Fund Demand to Cap Treasury Yields: BNP's Ladha

The video discusses the current state of pension funds, highlighting their strong position since the 2008 financial crisis. It explores their role in supporting US fixed income markets and the impact of their demand on long-term interest rates. The discussion also covers the Federal Reserve's influence on market repricing and interest rates, as well as the effects of quantitative tightening and fiscal policies on market dynamics. The video provides insights into the challenges and opportunities in the fixed income market, emphasizing the importance of understanding these factors for financial decision-making.

What is the current position of pension funds compared to the financial crisis of 2008?

How much average activity in LDIF has been seen over the past few years?

What factors are contributing to the current repricing in fixed income markets?

What does the balance sheet runoff equate to in terms of basis point moves?

What challenges are associated with quantifying the duration impact down the curve?