What the Bond Market Is Telling Investors

The video discusses the economic trends following Brexit, highlighting the rise in global yields and inflation expectations. It examines corporate indebtedness and the potential risks associated with artificially low rates. The impact of reflation on high yield bonds and the investment grade market is analyzed, noting the slowdown in buybacks. The video concludes with strategies for positioning in the reflation trade, emphasizing an overweight in credit due to central banks' influence on risk markets.

In what ways might the global yields impact other assets according to the discussion?

What is the significance of the central banks' role in the corporate credit market?