ECB Could Miss Rate-Hike Cycle, Pimco's Frieda Says

The transcript discusses the complexities of the bond market, highlighting the challenges faced by European markets, particularly with negative interest rates and market distortions. It examines the role of global central banks in suppressing volatility and the potential consequences of their actions. The conversation also touches on economic policies, with a focus on the differences between the US and Europe, and the impact of leadership changes in Germany on economic strategies.

Discuss the concept of a 'normal bond market' as mentioned in the text.

What concerns are raised about the future leadership in Germany and its potential economic policies?