Who determines long-term bond prices: debt managers or the market?

On Barclays' The Flip Side, Global Head of Research Brad Rogoff debates with Head of US Rates Research Anshul Pradhan on whether government debt managers can truly influence long-term bond yields. The two analyze bond supply, changes in the investor base for long-term bonds, and trends in long-term capital issuance from non-government sectors, exploring whether debt managers can influence duration pricing.