Fixed income. As the Fed cuts rate through the year, bondholders remain concerned about inflation. Longer duration yields will not have a corresponding drop just like this past year. However, Once the markets become fearful about a recession, the ten year will drop below three and a quarter. I know a lot of you in here own commercial real estate. You're all sitting there saying when do I go and take, you know, refinance some my commercial properties? (01:11–01:17)
CLAIM
Predicts the ten-year yield will drop below 3.25% if recession fears rise.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
