Daybreak Europe Show Open: Bear Market On the Way

The video discusses the current state of the bond market, highlighting significant changes and historical comparisons. It covers the impact of a strong jobs report and CPI data, leading to dramatic shifts in bond yields. The debate between active and passive quantitative tightening is explored, with insights from experts like Andrew Sheets. The video also addresses the global economic implications of a record stimulus withdrawal by G4 central banks, emphasizing the challenges in bond market repricing.

What does the phrase 'the whole belly of the curve' refer to in the context of the bond market?

What does Christine Lagarde imply has changed in the bond market?