Basis Points

While an interest rate-hedging angle for bond portfolio is not top of mind for investors right now, maybe it should be. On this week’s podcast, Kevin Flanagan explains why the time to consider rate protection is when rates are low.

As investors sort through the aftermath of the recent bond market turmoil, there have been questions around potential value and income opportunities in the fixed income space. On this week’s podcast, Kevin Flanagan explains why he has high hopes for the U.S. high-yield corporate bond sector.

It came as no surprise that the Federal Reserve left monetary policy right where it is at the June FOMC meeting. Kevin Flanagan discusses how fixed income investors should position their portfolios.

There has been an increasing amount of chatter regarding whether the Federal Reserve would consider pushing the Fed Funds rate into negative territory. On this week’s podcast, Kevin Flanagan discusses this possibility and its impact on the economy.

So far in 2020, fixed income ETF inflows have been greater than flows into U.S. equities, commodities or currency. On this week’s podcast, Kevin Flanagan discusses this noteworthy feat.

All eyes were on Friday’s jobs report to see just how bad it really was. As expected, it was bad, the worst report of our lifetime, as a matter of fact. On this week’s podcast, Kevin Flanagan provides a quick rundown of the numbers and outlines what to expect next.

Recently, it has been argued the Fed’s balance sheet altered the historical relationship between inverted yield curves and recessions. Given the Fed’s recent quantitative easing program, Kevin Flanagan makes the argument that the curve’s predictive value may have been permanently altered.

Unlike other Federal Reserve related news since the beginning of March, the April FOMC meeting did not provide any groundbreaking headlines. That being said, the Fed continued to make it abundantly clear they stand “at the ready,” should the need arise. Kevin Flanagan discusses.

With the alphabet soup of facilities that have all been announced by the Fed over the last month, Kevin Flanagan narrows down the scope and focuses in on the programs that involve the financial markets more directly. In other words, the Fed is going bond buying.

Over the last month, the combination of U.S. monetary and fiscal support has not only come at breakneck speed, but perhaps more importantly, at almost unimaginable amounts just a few months ago. On this week’s podcast, Kevin Flanagan provides a solution for fixed income investors that might be feeling a bit dazed and confused.