What factors contribute to the relationship between higher debt and lower yields as discussed in the text?
HSBC’s Major Says Yields Peaked at the End of March

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2.
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What does the speaker suggest about the likelihood of reaching the heights of the last cycle's rates?
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3.
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How does the Federal Reserve's forward guidance impact market expectations according to the discussion?
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What does the speaker imply about the future of yields in a booming economy?
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How does the speaker view the relationship between economic growth and bond yields?
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In what ways have bond yields lost their signaling power in the current economic context?
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7.
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What are the potential risks that could lead to a change in the inflation outlook as mentioned in the text?
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