Goldman Says Bond Market Doesn't React as It Used to in Risk-Off

The video discusses the current state of the bond market, highlighting its reduced reactivity to risk compared to historical events like the global financial crisis. It examines the potential impact of inflation and Fed rate cuts on the market, emphasizing the importance of considering inflation risks, especially from tariffs and oil prices. The discussion also touches on the strategic allocation of cash as a protective measure in a flat yield curve environment.

In what ways could the Fed's monetary policy impact inflation expectations?

What role do tariffs play in the current inflationary environment?