There Is Tremendous Liquidity in the System: Hornby

The video discusses the dynamics of yield elasticity and the current yield regime, highlighting the challenges and opportunities in the market. It explores the impact of low yields, high debt, and liquidity on market conditions, and provides insights from the spring market behavior. The discussion includes investment strategies, sector opportunities, and the bond market's supply-demand dynamics.

What are the implications of the $17 trillion of negative yielding debt mentioned in the text?

How does the text characterize the outlook for yields in the near and long term?

What sectors are identified as having potential opportunities despite current market conditions?