Gross Says Global Bond Market Not in ‘Rout’

The video discusses the transition from a bull to a bear market in bonds, analyzing long-term interest rate trends since the 1980s. It highlights the current critical levels for interest rates and their impact on bond prices, particularly in Germany. The discussion extends to the economic implications of rising interest rates on corporate expenses and individual mortgages, emphasizing the challenges faced by lower-yielding corporations and junk bond issuers.

What does the speaker imply about the relationship between bond prices and yields?

What are the potential consequences of interest payments as a percentage of corporate expenses?