Bonds Remain Attractive Here, Says Pimco's Sundstrom

The video discusses the current market dynamics, highlighting the tension between resilient economic data and tightening financial conditions. It addresses the risks of inflation, noting its persistent nature and potential for increase. The strong labor market and the rebuilding of the term premium are also examined. Despite these challenges, bonds are considered an attractive and safe investment option, especially in light of potential economic slowdowns.

Why are bonds considered attractive in the current market conditions?

What does the text imply about the state of the economy and market slowdown?