Bloomberg Daybreak: Europe Edition cover image

'Bond King' Talks Selloff, Property Peril & CEO Pay

Bloomberg Daybreak: Europe Edition

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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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