HSBC’s King: ‘Reasonable Chance’ Yields Stay Low Despite Stimulus

The video discusses the dynamics of yield movements and the potential for reversals, emphasizing that supply issues may not significantly impact interest rates. Despite recent fiscal stimulus, bond yields have remained low globally. In the US, fiscal policy is influenced by the Federal Reserve and Treasury, with Janet Yellen advocating for more fiscal stimulus. The video also compares the US situation to Japan's long-term low yields despite high government debt.

What is Janet Yellen's perspective on fiscal versus monetary stimulus?

Discuss the relationship between government debt and bond yields as mentioned in the text.