Not Concerned Bond Yields Will Rise Dramatically, Says JPM's Bell

The video discusses the supportive global economic backdrop, highlighting nine years of monetary stimulus and fiscal stimulus in the US. It explores the potential impact of interest rate hikes on market volatility, noting that markets are currently stable but could be tested if yields exceed 3%. The discussion also covers short positioning in the treasury markets and the potential for bond yields to rise over the next 12 to 18 months, with a focus on the likelihood of four rate hikes in 2018.

What factors contribute to the confidence of the Fed chair in continued growth in the US economy?

How might rate hikes from the Fed affect market volatility according to the discussion?

What does the speaker suggest about the potential for a pullback in bond yields?

What is the speaker's outlook on bond yields over the next 12 to 18 months?

What is the probability of four rate hikes in 2018 according to the markets?