Commerzbank’s Rieger Likes Duration on the U.S. Curve

The video discusses the reversal of trends in US yields, highlighting the 10-year and 30-year yields. It explores the convergence of global yields, particularly in Europe, and the challenges faced by the Bank of Japan in managing its yield curve. The discussion also covers the increase in market volatility and the role of negative convexity hedging in flattening global curves, drawing parallels to past events in Europe. The potential for re-steepening of curves as markets stabilize is also considered.

Discuss the potential need for the Bank of Japan to rethink their rate stance.

What parallels can be drawn between the current market situation and December 2008?