Pimco’s Fels: Treasury Yields to Reduce Portfolio Risks for Years

The video discusses the dynamics of the treasury market, focusing on low yields due to a deep recession and the Fed's bond-buying strategy. It highlights the role of treasuries in risk mitigation, despite limited room for yield reduction. The discussion covers economic risks like demand collapse and oil market shocks, predicting subdued growth and low inflation. The impact of fiscal policy on inflation and potential long-term protectionism affecting globalization are also explored.

What are the two main factors contributing to the low treasury yields mentioned in the text?

How might the Federal Reserve's actions influence treasury yields in the future?

What implications does the oil glut have on the economy as discussed in the text?

What risks are associated with the energy sector as mentioned in the text?

How does the saving glut affect consumer spending according to the discussion?

What are the potential long-term consequences of the current economic policies on inflation?

In what ways might the current economic crisis impact globalization?