Dimon's 5% Yield Warning 'Perfectly Reasonable,' Says JPM's Kelly

The video discusses factors affecting yield suppression, including latent demand from older investors and recent inflation data. It highlights the impact of employment on wages and yields, advising preparation for unexpected economic changes. Historical context on 10-year treasury yields is provided, noting the influence of central banks. The video concludes with a discussion on global rate changes, emphasizing the gradual tightening by central banks worldwide.

What is the significance of central banks in the context of yield suppression?

What trends are observed in global interest rates according to the text?