Did Bond Markets Assume a More Hawkish Fed?

The video discusses the bond market's misjudgment of the Fed's actions, analyzing the impact of economic indicators like inflation and unemployment on rate decisions. It explores global economic influences, including Brexit and central bank policies, and examines the potential for negative interest rates in the US. The video also addresses liquidity issues in bond markets and suggests investment strategies, particularly in the US muni curve.

What are the implications of negative interest rates in the context of the U.S. economy?

How does liquidity in the sovereign bond market compare to the corporate bond market?

What is the preferred strategy for making money in the fixed income space according to the text?