Guggenheim's Minerd Expects 'Severe Snapback' in Yields

The video discusses the market's perception of inflation rates, predicting a short-term rise due to base effects, followed by a decline post-recession. It highlights the historical pattern of inflation behavior and suggests that the market may not fully account for this scenario, potentially leading to a significant adjustment in yields.

What factors are mentioned that could lead to a significant rise in inflation in the near term?

How does the speaker describe the potential future of yields in the market?