At today’s FOMC meeting, the Federal Reserve downshifted its pace of rate hikes, this time lowering the “speed limit” to 25 basis points (bps), down from December’s 50 bps increase. This week on the Basis Points podcast, Kevin Flanagan outlines what this means for the economy and inflation and what to expect from the Fed going forward.

Basis point: 1/100th of 1 percent.

So far in 2023, the topic of a possible default has been a 'hot-button' topic. This week on the Basis Points podcast, Kevin Flanagan discusses high yield securities and highlights our U.S. High Yield Corporate Bond Fund (WFHY) as a potential solution.

Basis Points: 1/100th of 1 percent.

While the dual mantras of “don’t fight the Fed” and “don’t fight the tape” continue to battle it out, this week on the Basis Points podcast, Kevin Flanagan discusses one aspect of monetary policy decision-making that is getting short shrift: financial conditions. Listen now as Kevin covers the latest updates impacting the money and bond markets and contemplates timing for the next potential rate hike vs. rate cut.

Basis Points: 1/100th of 1 percent.

As we begin 2023, most economic and macro outlooks seem to all be on the same page. This week on the Basis Points podcast, Kevin Flanagan discusses how these outlooks might change given the current market backdrop.

Basis Points: 1/100th of 1 percent.

While the outcome of the December FOMC meeting did not offer any big surprises, the U.S. Treasury market’s response has left some feeling a little perplexed. During this week’s episode of the Basis Points podcast, Kevin Flanagan covers the market's response and what it means as we head into the new year.

Basis Point: 1/100th of 1 percent.

The Fed delivered another outsized rate hike at today’s FOMC meeting, but this time it was ‘only’ by 50 basis points. As a result, the Fed Funds trading range will end 2022 and begin the new year at 4.25%–4.50%. This week on the Basis Points podcast, Kevin Flanagan discusses what this means for the markets and what to expect from the Fed going into 2023.

Basis Point: 1/100th of 1 percent.

This week on the Basis Points podcast, Kevin Flanagan is joined by Chris Acito, CEO of Gapstow Capital Partners. Listen as they recap what went on in fixed income in 2022 and how 2023 might be different. This is the first in a series of episodes on this subject.

Basis Point: 1/100th of 1 percent.

In 2023, we expect to see a continuing theme of Fed-induced volatility. This week on the Basis Points podcast, Kevin Flanagan covers how investors can take advantage of ‘income being back in fixed income’ while potentially removing the heightened volatility quotient with a U.S. Treasury floating rate note strategy.

Basis Point: 1/100th of 1 percent.

With the money and bond markets preoccupied with inflation, the chance of a recession and Fed rate hikes, the state of the U.S. government’s finances has not received much attention. This week on the Basis Points podcast, Kevin Flanagan “pulls back the curtain” and provides some insights on this front.

Basis Points: 1/100th of 1 percent.

November has gotten off to an inauspicious start for the money and bond markets. Against this backdrop, during this week’s episode of the Basis Points podcast, Kevin Flanagan discusses the likelihood of Powell & Co. raising the terminal rate for Fed Funds to the 5% threshold.

Basis Point: 1/100th of 1 percent.