Published on: November 1st, 2017 • Duration: 19 minutes
If the bond market breaks, then everything changes. Raoul Pal updates his view on bonds, against the backdrop of tax reform, the unwinding of QE and a revamped Fed. Could the secular trend in bond yields be about to reverse and what are the implications for the major asset classes? Filmed on October 26, 2017 in the Cayman Islands.