Why Vanguard Says 'Bonds Are Back'

The video discusses the current state of the bond market, highlighting the return of positive interest rates and the implications of a more balanced market. It explores the trends of higher interest rates and the potential for future rate hikes by central banks. The discussion includes an analysis of bond resilience, yield sustainability, and the historical context of bond markets, emphasizing the positive financial developments over the past 15 years.

What does the phrase 'boil the frog' imply in the context of the bond market?

What concerns were there regarding secular stagnation in the bond market?