HSBC's Major Still Sees Relative Value in Treasuries

The video discusses the unchanged forecast for the 10-year Treasury since 2017, highlighting the market's ebb and flow. It analyzes the Fed's rate hikes and their impact on the yield curve, predicting a flat curve post-hikes. The consensus aligns with the Fed's view of a 3% rate, but the speaker anticipates changes. The forecast includes two more rate hikes in 2018 and possibly one in 2019. The video also touches on global financial conditions tightening rapidly, which may not be evident in domestic data.

What is the current forecast for the 10-year Treasury yield?

What does the speaker believe about the relative value looking at the front of the curve?

What is the consensus view regarding the Fed's future actions?

What are the potential rate hikes mentioned for 2018 and 2019?

How are global financial conditions described in the text?