Surveillance: Negative Rates In U.S. With Chang
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 20 May 2020
⏱️ 38 minutes
🧾️ Download transcript
Summary
Joyce Chang, JPMorgan Chair of Global Research, says she could see negative yields happening in the U.S., but doesn't see Fed policy going below zero. Matthew Harrison, Morgan Stanley Head of Biotechnology Research, says the level of antibodies that are protective for people with Covid-19 is still unknown. Megan Greene, Harvard Kennedy Senior Fellow, says the coronavirus pandemic has exposed a lot of broken aspects of the United States. Lauren Sauer, Johns Hopkins University Assistant Professor of Emergency Medicine, says we have to continue to support the W.H.O. and their role in pandemic preparedness and response. Ron Temple, Lazard Asset Management Co-Head of Multi-Asset and Head of U.S. Equity, says there needs to be more focus on the looming retirement crisis.
See omnystudio.com/listener for privacy information.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Join us in New York on November 29th for the Bloomberg Canadian Finance Conference, |
| 0:04.6 | proudly sponsored by National Bank of Canada Financial Markets. |
| 0:07.8 | 2023 marks the 11 year anniversary of our Canada focused event and continues the tradition of providing timely |
| 0:13.8 | insights and actionable strategies. We'll have senior government |
| 0:17.1 | officials from Saskatchewan, Quebec, British Columbia, Alberta and Ontario as well |
| 0:21.9 | as speakers from Northland Power, World Bank, Transolta, and many more. |
| 0:26.0 | Register at Bloomberg Live.com I'm Tom Keene. |
| 0:43.5 | Daily, we bring you insight from the best |
| 0:45.9 | in economics, finance, investment, and international relations. |
| 0:49.9 | Find Bloomberg Surveillance on Apple Podcasts SoundCloud, Bloomberg.com, and of course, on the |
| 0:56.4 | Bloomberg. |
| 0:57.4 | Joyce Chang with us now, head of research at JPMorgan. |
| 1:01.8 | Joyce has wonderful mathematical abilities out of Berkeley. We're thrilled |
| 1:05.3 | you could join us. This morning. Joyce, we had the honors talking to John Loyes recently. |
| 1:09.6 | It was my research paper this summer, not on a forecast, but on a model of how the US 10-year |
| 1:16.0 | yield would migrate lower and lower, and dare I say JP Morgan alluded to US negative |
| 1:21.8 | interest rates is a possibility. |
| 1:24.0 | Can the United States culturally, socially, financially |
| 1:30.0 | handle negative interest rates? |
| 1:32.0 | Are we prepared to be like Germany and Switzerland? |
| 1:36.7 | I think in the US, I mean you can see negative yields happen because we're just so close to that edge, |
| 1:41.3 | but as a matter of policy you know negative |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Bloomberg, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Bloomberg and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.