Bond Market Is Clearly in Transition, Says Gaffney

The video discusses the Federal Reserve's impact on the bond market, highlighting a smooth transition and the likelihood of rising interest rates. It examines market expectations for rate hikes, with a focus on economic indicators like unemployment and tax cuts. The discussion also explores investment opportunities in bonds, particularly outside the US, in emerging markets such as Latin America.

What opportunities are available for bond investors according to the speaker?

What regions does the speaker suggest looking at for better investment opportunities?