Real Treasury Yields Turn Positive: 3-Minute MLIV

The video discusses the current state of real yields and their impact on equity markets, highlighting the recent bond sell-off and S&P 500 gains. It examines financial conditions, noting that despite tightened conditions, they remain loose due to factors like the housing and tech markets. The psychological impact of positive real yields is explored, considering government debt and inflation. Predictions suggest real yields will rise, with potential Fed intervention. The video concludes with an analysis of yen trends and yield curve control, suggesting a continued bearish outlook for the yen.

How do real yields relate to equity markets according to the discussion?

What factors are contributing to the current sell-off in bonds?

In what ways have financial conditions changed over the last six months?

What are the implications of the current trends in the housing market?

What is the significance of the 10-year real yield turning positive?