Cash Is Preference Over G-10 Bonds for Royal London CIO Hillier

The video discusses recent US bond auctions, highlighting poor bid-to-cover ratios and investor preferences for longer durations. It explores the preference for cash over government bonds due to stable yield spreads and strong corporate earnings. The impact of recent US tax cuts on consumer strength and economic confidence is examined. Finally, the video touches on the political implications of recessions, noting that they can affect election outcomes.

What factors contribute to the poor bid to cover ratios on sevens and fives?

Why might investors prefer to own 20s over 50s or hundreds?

What does the preference for cash relative to government bonds indicate about investor sentiment?

How do tax cuts influence consumer strength and economic outlook?

What is the significance of a recession in relation to election outcomes?