Interest Rates & Inflation: What’s Next?

In the latest episode of "Credit Matters", Shankar Ramakrishnan and Bruce Clark are joined by Marcus Dewsnap (Head of Fixed Income Strategy, IGM) to discuss how the on-and-off Iran conflict and oil-price moves are driving interest-rate expectations and government bond yields across the U.S., UK, and Eurozone. They review how yields started the year with a disinflationary tone, then repriced amid Gulf tensions, and why markets view recent oil spikes as contained. 00:00 Welcome And Introductions 02:27 Bond Markets And War Premium 03:26 Europe UK Japan Yield Drivers 08:39 ECB BOE Mandates And Inflation 10:29 Oil Prices And Rate Path 15:36 NATO Summit Fiscal Shock 20:28 Defense Spending And Bond Supply 28:54 US Treasuries Fed Drama 34:20 Warsh and Fed Politics 35:29 Forward Guidance Debate 38:04 Why Guidance Exists 41:34 Dot Plot Doubts 43:04 Deregulation Risks 44:55 Committees and Signals 46:35 Ending Easy Money 48:36 Balance Sheet Reality 53:49 Rate Outlook Roundtable 59:08 Credit Demand Wrap 01:00:32 Closing and Subscribe