
'Bond King' Talks Selloff, Property Peril & CEO Pay
Bloomberg Daybreak: Europe Edition
Current State of Global Bonds and Market Instability
This chapter discusses the current state of global bonds, highlighting the factors that could lead to further decline. It mentions the recent rebound in yields after reaching levels not seen since 2007, as well as the criticism from bond expert Bill Gross towards retail investors. The chapter also covers various topics including layoffs at Barclays, the cancellation of a major infrastructure project, and the impact of the equity risk premium on PE ratios.
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