Thornburg's Lando on Green Bonds Outlook

The video discusses the bond market's potential resurgence in 2023, highlighting increased income and yields. It addresses supply issues from 2022 and anticipates a reversal in trends. Green bonds are explored, focusing on regulatory challenges and the Inflation Reduction Act's impact. The twin bonds strategy is analyzed for its effectiveness in investor comparisons. The video concludes with insights into the small size of the green bond market and its growth potential.

What are the main reasons for the expected resurgence of bonds in 2023?

• Increased income, improved supply, and safe haven during recessions

• Decreasing interest in green bonds

• Decreasing yields and rates

• Rising stock market

Which factor is NOT mentioned as a driver for interest in green bonds in 2023?

• Favorable rates

• Regulatory clarity

• Inflation Reduction Act

• Rising stock prices

What is the potential benefit of the Inflation Reduction Act for green bonds?

• Higher interest rates

• More issuance in the tax-exempt market

• Decreased regulatory requirements

• Increased tax rates

What is a significant challenge in the green bond market according to the transcript?

• Excessive market share

• Ambiguity in green labeling

• Lack of investor interest

• High issuance costs

What is the current market share of green bonds in the global fixed income market?

• 10%

• 20%

• 5%

• 1%