With U.S. interest rates back to “normal” levels, fixed income investors face a landscape many haven’t seen in years. This week on the Basis Points podcast, Kevin Flanagan is joined by Jim Bianco, President of Bianco Research to cover how blending active and passive bond strategies — now more accessible through ETFs — may help navigate this evolving environment.

Basis point: 1/100th of 1 percent.

Bianco Research Fixed-Income Total Return Index: seeks to outperform a comparable baseline neutral portfolio of fixed income securities.