Bond market = "smart" market

[video:https://www.youtube.com/watch?v=OAVnOz7i-JA]

This has been a conflicting question as long as I can remember! Every time I see the news or read up trending articles, the inputs sure do vary from one another. So, I am as confused here. However, I read this article recently, and it had given me a better perspective. Hope this helps! Good day!