Bonds Are ‘Almost Uninvestable,’ Says CCLA CIO Bevan

The video discusses the impact of central bank actions on markets, highlighting the continued growth in money supply and the Federal Reserve's efforts to manage bond yields. It compares the current economic period to the post-war era, suggesting that bonds are not a viable investment due to low yields. The focus should be on investing in quality companies.

What is the current stance of central banks on monetary policy?

• They are aggressively expanding money supply.

• They are being cautious and conservative.

• They are reducing interest rates.

• They are focusing on reducing inflation.

What action is the Federal Reserve expected to take regarding bond yields?

• Contain bond yields to manage inflation.

• Allow bond yields to fluctuate freely.

• Completely ignore bond yields.

• Increase bond yields significantly.

What is the estimated fair value of the 10-year yield according to the transcript?

• 1%

• 1.5%

• 2.5%

• 3%

Why are bonds considered almost uninvestable in the current market?

• Bond yields are too high.

• Bond yields are too low.

• Bonds are too volatile.

• Bonds are not affected by inflation.

What should investors focus on given the current market conditions?

• High-risk startups

• Quality companies

• Cryptocurrencies

• Real estate