In episode 17, Mark Brennan explores the implications of rising bond yields and their potential to signal a financial storm for global markets. He examines the effects on government finances, businesses, and the impact of a stronger U.S. dollar as European currencies hit multi-year lows. Mark also discusses how the dollar's rise affects inflation and exports in Europe. The episode highlights significant U.S. job growth in healthcare and education and concludes with a preview of the upcoming earnings season, focusing on major banks reporting fourth-quarter results and the potential for market volatility.

(0:00) Could the rising bond yields signal a financial storm on the horizon for global markets?

(1:15) Broader implications of higher bond yields for government finances and businesses

(2:16) United States dollar climbs, European currencies hit multi-year lows

(3:14) Stronger dollar's impact on inflation and exports in Europe

(4:10) United States labor market sees significant job growth in healthcare and education

(5:19) Upcoming earnings season with major banks reporting fourth-quarter results

(6:33) Potential volatility during peak weeks of earnings season