Bond yields: No time to die

The Federal Reserve is optimistic about US growth prospects next year, with policymakers now calling for three interest rate hikes in 2022. But the US bond market appears to be sending a rather different signal, with a flattening yield curve suggesting the recovery could be cut short. In this podcast, ING's Padhraic Garvey discusses why long-term yields have remained so low in the face of soaring inflation and impending rate hikes, and whether things could change in 2022.

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THINK aloud is a podcast by ING Global Research hosted by Senior Editor Rebecca Byrne. Subscribe to hear expert analysis on the global economy, monetary policy, and financial markets, that you won't find anywhere else.