Yield Curve Likely to Steepen, Says Bordier Singapore's Goh

The video discusses current trends in the bond market, focusing on the yield curve's flattening and steepening dynamics. It highlights the impact of US-China trade tensions on financial markets, noting that these issues predate the Trump administration. The discussion also covers the Federal Reserve's significant role in the Treasury market, particularly its ownership of long-term bonds, and how this affects market supply and demand dynamics.

What is the main focus of the first section regarding the bond market?

• The impact of inflation on bonds

• The potential flattening of the yield curve

• The role of international investors

• The effect of currency fluctuations

What historical context is provided for the US-China trade tensions?

• The rise of China's economy in the 1990s

• The role of the European Union in global trade

• The impact of the 2008 financial crisis on trade

• The peak of global trade as a percentage of GDP in 2008-2009

How did President Obama contribute to reshoring manufacturing capabilities?

• By reducing corporate taxes

• By negotiating new trade agreements

• By increasing tariffs on imports

• Through the Select USA campaign

What percentage of the 30-year Treasury market does the Fed own?

• 31%

• 70%

• 56%

• 40%

What is the potential impact of the Fed normalizing its bond holdings?

• An unwinding of undersupply

• A decrease in bond prices

• Increased inflation

• Higher interest rates