BlackRock's Rieder: Momentum Will Get 10-Year to 5%

The video discusses the recent changes in 10-year treasury yields, highlighting the challenges in defining an upper bound due to strong economic data. It explores the dynamics of the yield curve, particularly the difficulties in owning long-term treasuries. The discussion also covers the potential for economic softening and the Federal Reserve's current stance, emphasizing that significant changes are needed for the Fed to consider rate cuts.

What conditions would lead the Fed to consider changing interest rates?

In what ways is the current economy described in the text?