Ellerston's Gillespie Says Bond Selloff Is Not Over

The video discusses recent trends in the bond market, highlighting high yields in short-term debt auctions and expert opinions on the ongoing bond sell-off. It examines inflation-adjusted yields, the impact of quantitative easing on risk premiums, and the implications for equity valuations. The discussion extends to the US dollar's performance amid global capital flows and the effects of US fiscal policy on equity markets. The role of the Federal Reserve in managing inflation expectations and interest rates is also analyzed, with a focus on potential policy approaches under Jay Powell's leadership.

What factors are mentioned that could lead to a significant increase in bond yields?

How does the speaker view the role of the US Federal Reserve in managing inflation expectations?

What is the significance of the Financial Conditions Index in the context of equity markets?