Yields Are Too Low for Where We Are in the Cycle, Says Panmure Gordon’s French

The video discusses the weakest bid to cover ratio in a decade, exploring factors like Chinese investor absence and low yields. It examines market yield, investor sentiment, and the potential for rate cuts or QE4. The impact of hedging costs on foreign investment is considered, alongside trade tensions and Fed rate cut expectations. The discussion extends to trade talks, the Fed cycle, and global economic conditions. Finally, it addresses inflation, yield curve targeting, and central bank policies, highlighting the need for specific policy measures.

What does the text suggest about the future of interest rates and economic growth?

How does the commentary on inflation and yield curve targeting reflect the current economic climate?