David Kotok's Market View: Brexit, Pound, and Bonds

The video discusses the uncertainties in market trends, particularly focusing on the bond market and the impact of negative interest rates. It explores strategies for managing risk in the bond market, including shortening duration and hedging. The discussion also covers the profitability of trading negative rates and the influence of central bank policies on market dynamics. The video concludes with an analysis of yield spreads and the potential impact of increasing negative rates.

What factors contribute to the uncertainty in predicting future interest rates?

Discuss the potential consequences of rising yields in the bond market.