BlackRock's Thiel Sees Treasury Yields Rising

The video discusses the impact of trade tensions on yield trends, highlighting market uncertainty and risk-free rates. It examines US fundamentals and the Fed's unclear policy stance, suggesting that Treasury yields may rise. The discussion includes the Fed's neutral rate, unemployment levels, and potential rate hikes. The video concludes with a debate on the terminal rate and its economic implications, emphasizing the Fed's cautious approach.

What factors should the Fed consider before changing their policy according to the discussion?

What is the significance of the terminal rate in the context of the Fed's policy?