Stocks to rise and bonds to fall until Fed’s doves react: Chris Wood

The biggest risk for India is the rising coronavirus cases, said Christopher Wood, chief global market strategist at Jefferies. In an interview with Sanam Mirchandani, Wood said that the key thing in 2021 for financial markets is all about how the Fed reacts when it becomes clear that they are way too easy. Edited excerpts:How are you viewing emerging markets against the backdrop of a surge in bond yields?I was expecting the bond market sell-off