U.S. vs. Europe: The Bond Gap

The transcript discusses the dynamics between bond and stock markets, focusing on the impact of inflation expectations and Fed policy. It compares the US and European markets, highlighting issues like Brexit and political uncertainty in Europe. The analysis extends to bond yield curves, examining the effects of ECB and Fed actions. The discussion concludes with an exploration of factors driving bond market movements, emphasizing the roles of inflation and growth expectations.

What is the significance of the bond gap discussed in the context of US and European markets?

What does the speaker suggest about the future of inflation expectations and its impact on risky assets?