Outlook for Bonds Looks Attractive, Andrew Balls Says

The video discusses current market pricing, highlighting that shallow recessions are priced into fixed income and credit markets, but not sufficiently in equity markets. It explores the disparity between these markets and suggests a positive view on credit over equities. The fixed income outlook appears favorable due to repricing and higher yields, despite short-term economic uncertainties. The video concludes with a positive medium-term outlook for global and US bonds.

What is the current market sentiment regarding shallow recessions?

• They are expected to worsen significantly.

• Only equity markets have priced them in.

• They are priced in both fixed income and credit markets.

• They are not priced in at all.

What is the main reason for the positive outlook on fixed income over the next few years?

• Decreasing central bank rates.

• High starting levels of yield.

• Stable global markets.

• Low inflation rates.

How have global markets been affected recently according to the video?

• They have been unaffected by central bank rates.

• They have seen significant repricing.

• They have remained stable.

• They have decreased in value.

What is the short-term outlook for the economy as discussed in the video?

• It is very stable.

• It is highly uncertain.

• It is expected to grow rapidly.

• It is unaffected by central bank actions.

How does the medium-term outlook for global and US bonds compare to one or two years ago?

• It is much better now.

• It is about the same.

• It has not changed.

• It is worse than before.