3% Seen as More of a Ceiling for 10-Year, Western's Wongtrakool Says

The video discusses the role of technical analysis in financial markets, highlighting its limitations. It examines how structural economic forces like aging demographics and low productivity growth impact yield containment. The discussion extends to the effects of interest rates on policy and financial conditions, emphasizing the potential risks of high rates. Finally, it covers the demand for Treasurys in upcoming auctions, noting the influence of the Federal Reserve.

What factors does the speaker believe will keep yields contained?

What is the speaker's perspective on the demand for Treasurys at current yields?