What Rising Treasury Yields Mean for the Economy

00:00 - Intro
02:29 - Yield Basics
04:30 - The Yield Curve
05:15 - Why Are Yields Rising Now?
09:19 - Why Higher Yields Might Hurt the Economy
12:45 - Concerns Around Banks
14:30 - Other Considerations
17:08 - Closing Thoughts

There was a lot of talk last week about the rising US Treasury yields - let's take some time to explain what exactly is going on.

This channel is for education purposes only and does not constitute financial advice - Richard is not responsible for investment actions taken by viewers. Please seek out a registered advisor if you require assistance (while Richard is a registered portfolio manager at WDS Investment Management, he does not provide advice through The Plain Bagel, which is not affiliated with his employer).

[InvestorCenter]

I think you are the only finance YouTuber that can make a video about treasury yields and still make it very entertaining. Great work

[ComfortableTool]

this channel that I watch for entertainment is getting dangerously close to sounding like my university corporate finance courses lol

[WhatsOnTheOtherEnd]

I like hearing about sticking to my long term goals to weather the storm.

That effectively translates to “don’t have to actually do anything”, appealing to my lazy nature.

[billnelson]

This is not boring; this is essential for future from Pennsylvania

[randybrickson]

This is an impressively clear and coherent explanation of Treasury dynamics.

[vancouversworstdrivers]

I like facts even if they're "boring" so thank you

[nata]

Thanks for having the Basics section in there for those of us that are still learning! Really appreciate it

[JosephDickson]

Canadians explaining US markets to Americans, there’s something poetic about this.

[shahirs.]

Your narrative on such topics you assume to be "boring", is really what makes your videos interesting and informative to watch & stay till the end. Thanks as always Mr Bagel 👍🏻

[danielhale]

I'm really glad I can get the full view from The Plain Bagel before I've even heard the breathless predictions. I'm not interested in the average finance channel's perspective. You provide what few channels can!

[joshuacoll.]

That jingle at 1:40 makes you seem like a financial superhero "Captain Compliance! Calming fears with sound financial strategy and unsensationalized market analysis." Your channel is awesome dude! I show it to everyone who is trying to understand the economy and markets. Keep up the great work 😄

[sirrealistoftheparanoiacsh]

Thank you for providing this valuable educational service to people instead of trying to be a clickbait get rich fast beat the market influencer.

Just want you to know that many of us are very grateful to you for providing this vital service.

[General-Coffee]

One of the best videos I've ever watched explaining treasury bond yields! Kudos to you, you've made over 130k people better informed off of this.

[haleyw]

I really appreciate you explaining these things in a way that makes sense

[EamonCoyle]

Please take this as a positive Richard; when it comes to making real world economics boring and real you are the best !!

[clickster]

Now being 10 months after the release of this (VERY educational) video, with inflation continuing to trend lower leading to higher expectations of at least one rate cut by the Fed by the end of 2024, I would love to see an update or Part II to this video explaining what effects on national economies and markets, on bond prices, et al, a rate reduction is likely to have.

All very good information you put out. Thanks for sharing your knowledge with all of us. Keep up the good work!

[matiasiozzia]

Thanks Richard for another down-to-earth detailed explanation. I am a big fan of your work.

[parkmannate]

Economists have successfully predicted 13 of the last 6 recessions

[karlinchina]

Great videos! I just have one nitpick with phrasing: When you say there's a "selloff" or money being "pulled out" of a certain asset class, it implies that the stock or bond market inflate or deflate like a balloon, with money being the air "pumped in" or "pulled out". As you know, for every seller there is a buyer.

[lazer_kiw]

Appreciate the analysis without sensationalising or trying to sell a narrative like many other finance channels.