What Yields Say About the Fed's Rate Path

The video discusses the movement of US equity flows, highlighting significant outflows to Europe and Japan. It examines the fixed income market, noting a bull market in government bonds with record low yields. The impact of potential Fed rate hikes on market pricing is analyzed, referencing past cycles and the bond conundrum. Finally, the correlation between the Japanese yen and JGB yields is explored, challenging common perceptions.

What is the market currently pricing in regarding future Fed rate hikes?

What correlation has been observed between the Japanese yen and JGB long end yields?