Is the Bond Market in a Structural Change?

The video discusses structural changes in the bond market, focusing on the early stages of rising interest rates and a steepening yield curve. It highlights the cautious yet optimistic economic outlook for 2017-2019, with low recession probability. The global low-rate environment persists, but the US is expected to lead in economic growth. Central banks in Japan and Europe remain in easing mode, while the US anticipates gradual rate increases. The video also covers the underperformance of the five-year Treasury and the impact of Fed policies, tax changes, and infrastructure spending on growth.

How does the teacher perceive the bond market's structural changes?

What is the teacher's outlook for economic growth in 2017?

What factors are contributing to the rise in long-term rates according to the teacher?

What is the teacher's view on the central banks in Japan and Europe?

What are the expected impacts of tax changes and infrastructure spending on growth?