Major: Fair Value for Gilt Yields Nearer to 1% Than 0.5%

The video discusses the recent trends in UK gilt yields, highlighting the impact of Brexit and quantitative easing (QE) on bond markets. It explores the potential for fiscal policy changes and their effects on market valuations. The speaker emphasizes the challenges of forecasting bond yields amidst economic uncertainties, particularly in the context of Brexit. The discussion extends to global bond markets, including US Treasurys, and the importance of considering various economic scenarios in forecasting.

What factors contributed to the recent movement in UK gilt yields?

How did the Brexit vote impact gilt yields according to the text?

What is the speaker's forecast for gilt yields in relation to fiscal policy changes?

What challenges does the speaker mention regarding forecasting in the current economic climate?

What is the speaker's view on the fair value of gilt yields?