Risks of Recession in Next 12 Months Is Low, Says Barclays’s Hobbs

The video discusses the current state of global economic growth, highlighting concerns about a potential recession. It examines various factors affecting growth, such as China's policy measures, the European economy, and US fiscal policy. The discussion also covers the bond market's outlook on recession risks and inflation prospects, suggesting that the bond market may be overly pessimistic. The video concludes with insights into how these factors influence the stock market and bond yields.

What is the bond market's current sentiment regarding inflation and growth prospects?

In what way might rising bond yields affect the stock market according to the discussion?