Citi's Wieting: Bond Yields Are Unusually Low

The video discusses the relationship between bond yields and equity markets, emphasizing the impact of low interest rates on market valuations. It highlights the importance of economic growth and market expectations, noting that current conditions require less growth to meet market demands. The discussion also covers credit markets, risk management, and investment strategies, including the role of central banks. Tactical positions and asset correlations are explored, with a focus on gold and diversification. Finally, the video examines emerging markets and diversification strategies, particularly in fixed income and equity markets.

What role do central banks play in maintaining low interest rates and how does it affect credit markets?

Discuss the implications of rising correlations among standard assets on portfolio diversification.