PGIM���s Peters Sees 2-Year Yield ���Very Close��� to Peak

The video discusses the hawkish curve and its implications, suggesting a potential policy mistake by central banks. It highlights the global shift towards hawkishness, with specific reference to the Bank of Canada and the Fed. The speaker believes the market is overreacting and that the peak of two-year yields is near, driven by aggressive Fed policies. The focus is on how these dynamics affect risk assets and the importance of monitoring two-year yields.

What does the speaker believe is symbolized by the current hawkish curve?

What does the speaker think about the current pricing in the bond market?

What are the implications of the central bank policy mistakes mentioned by the speaker?

How does the speaker describe the shift in rhetoric from central banks?

What does the speaker suggest about the future of two-year yields?