10-Year Yield Is Nearing Top End of the Range, Says MKM's Darda

The transcript discusses the dynamics of the bond market, highlighting the recent economic growth and its impact on bond yields, which have reached levels not seen since 2014. It explores the potential for higher yields, considering economic acceleration and fiscal stimulus. The discussion also covers market expectations for inflation and the implications of Fed rate hikes, suggesting that while higher yields are likely, they may not be substantial.

What role does the Federal Reserve play in the current economic context?

What predictions are made regarding future bond yields?