Global Bond Rout Eases

The video discusses the current market volatility and rate expectations, highlighting the global nature of yield movements. It analyzes break evens and real yields, suggesting that the market is adjusting to reopening trades. The discussion then shifts to expectations for Fed tapering, with a potential announcement by December. Finally, it examines the reactions of global central banks, noting a likely differentiation in responses and the impact on the dollar.

What implications does the speaker suggest regarding the US fiscal policy compared to other countries?

What does the speaker predict about the yield differential between the US and other countries?