Does Bill Gross Employer Matter to the Bond Market?

The video discusses the current market dynamics, highlighting the divergence between central banks and economies, and its impact on volatility. It examines the underperformance of credit sectors and the tight credit valuations despite positive fundamentals. The discussion includes historical market trends from Volker to the present, emphasizing the moderation of interest rates. The video concludes with an outlook on fixed income investments, suggesting a more active approach due to reduced coupon cushions.

What is the implication of lower interest rates on the market according to the text?

What has been the average treasury coupon over the last 30 years compared to now?