Portugal's Debt Worst Performer in Developed Markets

The video discusses the surge in Portugal's bond yields and the potential impact of a DBRS downgrade. It highlights the importance of DBRS's rating for Portugal's eligibility in the ECB's QE program. The discussion covers the economic context, including Portugal's debt burden and growth challenges, and compares Portugal's situation with other countries like Spain and Italy. The video concludes with an outlook on the bond market, emphasizing the role of politics and economic policies in shaping future trends.

How does the political situation in Portugal affect its bond market?

What are some of the factors contributing to the poor performance of Portuguese bonds?

What is the outlook for the next quarter regarding the bond market in Europe?