Assessing U.S. Bond Market Challenges and Economic Outlook | Piers Hillier, CIO , Royal London Asset Management. 00:10:00
The discussion centers on recent challenges in the U.S. bond market, specifically concerning bid-to-cover ratios on seven- and five-year bonds. Investors' preference for twenties over fifties or hundreds reflects uncertainties about bond durations. The conversation highlights diverging opinions on government bonds amidst strong U.S. consumer indicators post-tax cuts, underscoring economic confidence nuances and political implications for re-election.
