Markets in 3 Minutes: Major Turning Point in US 2-Year Yields

The video discusses a potential turning point in short-dated US Treasuries, suggesting that yields may have peaked after a consistent rise due to inflation concerns. The speaker predicts a recession in Q4 and a steepening yield curve, with long-end yields possibly rising. The discussion also covers China's market outlook, noting positive developments but cautioning against premature optimism.

What recent change in perspective does the speaker have regarding US 2-year Treasury yields?

• They expect yields to drop significantly below 2%.

• They think yields have peaked and may start to decline.

• They are uncertain about the future direction of yields.

• They believe yields will continue to rise indefinitely.

What economic event does the speaker anticipate in Q4?

• A boom in consumer spending.

• A stabilization of the housing market.

• A recession.

• A significant rise in inflation.

What is the speaker's view on the long-end yields of the yield curve?

• They believe long-end yields have peaked.

• They expect long-end yields to remain stable.

• They think long-end yields could still rise.

• They are confident long-end yields will fall.

How does the speaker feel about the recent developments in the China market?

• They are extremely optimistic and expect rapid growth.

• They are cautiously optimistic but wary of past disappointments.

• They are indifferent to the recent changes.

• They believe the market will continue to decline.

What has been the speaker's consistent view regarding the yen?

• They have had no opinion on the yen.

• They have been bearish on the yen.

• They have been neutral on the yen.

• They have been bullish on the yen.