GAM's Haywood Sees QE's End Driving Bond Prices

The video discusses the economic challenges faced by heavily indebted nations like Portugal, Italy, and Spain, and the complexities of the bond market. It explores the impact of the cessation of the QE program on bond prices and yields, highlighting the immediate effects of such changes. The discussion also covers the tapering process and its influence on yield movements. Political risks in Europe, particularly in France and Germany, are examined, with a focus on the potential outcomes of elections. The video concludes with a discussion on investor complacency and the various risks that could affect the European economy.

What impact does the cessation of the QE program have on bond prices?

How do yield movements react when central banks stop buying bonds?

What are the implications of the widening spreads between French and German bonds?

Discuss the significance of the polling results for Le Pen in the context of European politics.

What are the potential risks facing Europe in 2017 according to the discussion?