Why Bank of America Is Lowering Its Bond Yield Forecasts

The video discusses the forecast for U.S. Treasury and other developed market bond yields, highlighting the impact of the US-China trade dispute. Analysts, including those from Bank of America, have downgraded their expectations for year-end 10-year Treasury yields due to a more dovish stance by central banks and ongoing trade tensions. The video emphasizes the challenges in resolving trade disputes and their long-term effects on global growth and inflation.

What was the forecast for the end of 2019 regarding Treasury yields?

What impact did central banks' dovish tone have on market expectations?