As economies expanded interest rates were expected to start rising, but this has not been the case. Steven Major, head of fixed income research at HSBC, expects rates to fall further, except in the eurozone periphery.<br /><br /><br />For more video content from the Financial Times, visit http://www.FT.com/video<br /><br />Subscribe to the Financial Times on YouTube; http://goo.gl/vUQx5k<br />Twitter https://twitter.com/ftvideo<br />Facebook https://www.facebook.com/financialtimes
