Said Haidar Sees Yield Curve Flattening Further Amid Slowing U.S. Economy

The video discusses the current state of global bond markets, highlighting headwinds to growth worldwide, including in the US. It examines the US job market, noting a slowdown in payroll growth and potential unemployment rise. The video also covers a recent rally in bond markets and the impact of Fed policy on the US yield curve, suggesting a further flattening due to insufficient rate cuts to prevent a slowdown.

What is one of the indicators of an economic slowdown mentioned in the video?

• Rise in stock market indices

• Reduction in hours worked

• Growth in payroll hours

• Increase in consumer spending

At what monthly job growth rate might the unemployment rate start to rise?

• 200,000 jobs

• 150,000 jobs

• 50,000 jobs

• 100,000 jobs

What recent change has occurred in the bond market according to the video?

• A rally in bonds with a 50 basis point move in yields

• A decrease in bond yields by 50 basis points

• Stability in bond yields

• A decline in bond prices

Why is the US yield curve expected to flatten further?

• The Fed is cutting rates aggressively

• The Fed is not cutting rates aggressively enough

• The US economy is growing rapidly

• Global bond markets are declining

What was the nature of Powell's recent action at the FOMC meeting?

• A hawkish cut

• An aggressive rate hike

• No change in rates

• A dovish cut