PGIM's Peters Doesn't See Yields Higher After Fed Tapers

The transcript discusses the current state of the market, focusing on bond yields, Fed tapering, and their impact on equities. It explores the role of foreign investment in the US bond market and predicts long-term yield trends. The discussion also touches on the implications of Fed policies on inequality and the importance of raising real wages.

What is the relationship between low bond yields and equities according to the discussion?

• Low yields have no impact on equities.

• Low yields support equity performance.

• Low yields hinder equity performance.

• Low yields cause equity markets to crash.

How does the speaker view the potential impact of the Fed tapering a month earlier than expected?

• It is not a major concern.

• It will have a significant impact.

• It will cause a market crash.

• It will lead to increased inflation.

What is the expected trend for treasury yields over the next two years?

• Yields are expected to remain low.

• Yields are expected to fluctuate wildly.

• Yields are expected to rise significantly.

• Yields are expected to drop to zero.

Why is the US Treasury market considered attractive to foreign buyers?

• It is the most volatile market.

• It has the lowest risk of default.

• It is the only market with positive yields.

• It offers the highest yields globally.

What is the main focus of the Fed according to the speaker?

• Decreasing interest rates.

• Reducing inflation.

• Raising real wages.

• Increasing asset prices.

How has inequality changed during the pandemic according to the discussion?

• It has worsened.

• It has improved slightly.

• It has remained the same.

• It has decreased significantly.

What is the speaker's view on the effectiveness of the Fed's bond purchasing program?

• It has no impact on the economy.

• It has been highly effective.

• It has reduced corporate profits.

• It has worsened inequality.