Today is another AMA episode (Ask Me Anything). Davindra asks
I am a long time listener of your RE espresso podcast and have thoroughly enjoyed your well thought out and efficiently delivered content. Time permitting, I had a question on the most recent podcast about potential scenarios for the economy. In the second scenario, you said, bonds would have a significant "run up" as interest rates stabilize. Can you explain what this means? I've been trying to wrap my head around the bond market but there are so many moving parts that affect it, and affect different maturation levels differently as well. If you can suggest a good primer on the bond market, that would be greatly appreciated.
