Has the Bond Rout Gone Too Far?

The transcript discusses the impact of Trump's election on global markets, focusing on high yield indices in the US and Europe. It examines the term premium's shift to positive territory and inflation expectations. The conversation also covers the potential effects of Trump's policies on various sectors, including infrastructure, healthcare, and energy. The role of OPEC and US energy production in the global market is also analyzed.

What was the initial impact on the US high yield index following Trump's election?

• It increased by 16%

• It decreased by 1%

• It increased by 2%

• It remained stable

How did the term premium change after Trump's victory?

• It flipped to positive

• It decreased slightly

• It remained unchanged

• It turned negative

What is one of the expected outcomes of Trump's policies according to the discussion?

• Deflation

• Increased inflation

• Stable interest rates

• Decreased energy production

Which sector is expected to benefit from Trump's infrastructure policies?

• Healthcare

• Technology

• Steel and construction

• Retail

What is a major concern for the oil market discussed in the transcript?

• Decreased demand

• Lack of new oil reserves

• OPEC's ability to influence the market

• Rising oil prices