Bond Market Collapse Threatens Financial Stability | Alfonso Peccatiello

Adolf Goebbels
Published on Oct 4, 2023
On todays episode of Forward Guidance, Alfonso Peccatiello Founder & CEO of The Macro Compass joins the show for a discussion on the U.S bond market sell-off and it implications for broader markets, both domestically & internationally.

Weighing sentiment, risk/reward & economic signals, Alfonso assesses if the current sell-off is justified, or is the trend about to reverse and provide an attractive opportunity to go long bonds? To hear all this & much much more, you'll have to tune in!
--
Sign up to The Macro Compass bond course & use the code "Macro20" for a 20% discount: https://www.themacrocompass.com/courses/#bond-market-course
--
Follow Alfonso on Twitter: https://twitter.com/MacroAlf
Follow Jack Farley on Twitter https://twitter.com/JackFarley96
Follow Forward Guidance on Twitter https://twitter.com/ForwardGuidance
Follow Blockworks on Twitter https://twitter.com/Blockworks_
--
Timecodes:
00:00 Introduction
00:32 The Bond Market Sell-Off
11:38 Testing Bond Market Sentiment
21:16 What Could Go Wrong Being Long Bonds?
27:37 Bond Market Term Premium
35:05 The Best Risk/Reward Is Short Equities
38:36 The Real Weakness Is In Europe
46:28 The Dollar Wrecking Ball
51:00 Understanding The Yield Curve: Bear Steepening
54:58 Supply & Demand In The U.S Bond Market
58:46 Bank Bond Buying & Interest Rate Hedging
01:17:40 Bear Steepening During An Inverted Yield Curve
01:23:16 Will Bonds Continue Selling Off Until Something Breaks?
01:28:47 Are European Banks More Resilient Than U.S Banks, Or Not?
01:35:00 The Macro Compass Bond Market Class & 20% Discount

--
Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Add to

Please Sign In or Create Account to use this feature!

Flag Video

Please Sign In or Create Account to use this feature!

Rate video

Please Sign In or Create Account to use this feature!

Rate video

Please Sign In or Create Account to use this feature!

DISCLAIMER

The content presented in this stream and/or video may be satirical in nature for entertainment purposes. It may contain realistic scenarios that may include themes of racism, anti-semitism, anti-LGBT sentiment and even elements such as death threats, all purely in the context of parody. In addition, this content may depict or refer to acts of violence in a satirical manner. Shock factor is a common and deliberate element used in these displays to emphasise the satirical message. By continuing to view this content, you acknowledge that you understand the satirical nature of this content, including the depiction of violence and the use of shock factor, and agree that you will not use or interpret this content outside of its intended context. Please remember that humour and satire are complex; they are not intended to belittle or demean, but to engage and challenge social norms through exaggeration. If you have any concerns about content, please feel free to engage in constructive dialogue or report issues to GTV staff.