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!
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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

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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.