World Has Woken Up to Higher Yields, Wells Fargo's Bory Says

The video discusses the relationship between credit, price, and yield, highlighting the impact of rising bond yields and interest rates on the market. It explains how breaking through technical support levels in the treasury market has drawn attention to the reality of higher interest rates. The increased cost of debt affects individuals and companies, leading to tighter credit conditions, even if issuance levels don't immediately reflect this change.

What does the phrase 'the world's woken up to higher yields' imply about market awareness?

What is the significance of breaking through Technical Support levels in the treasury market?

How have higher bond yields affected individual borrowers and companies?

In what ways are higher front end rates impacting the cost of debt?

What factors are contributing to the tightening of credit conditions?