Dollar's Rise a 'Slow-Burn' Negative for Issuers, Says PGIM's Tipp

The video discusses corporate bonds with changing yields and their implications for companies needing refinancing. It highlights the mental challenges for investors due to significant dollar price changes and the slower impact on issuers. The discussion includes economic growth scenarios and the gradual maturity of bonds. The video concludes with an analysis of bond valuation and the importance of accurate yield assessment.

In what way can deep discounts on bonds affect their future valuation?

What is the significance of determining whether the yield on a bond is 'right'?