Basis Points

At the April FOMC meeting, the Fed held rates steady for a third consecutive time, but uncertainty is only building. This week on the Basis Points podcast, Kevin Flanagan explains why a data-dependent Fed and a likely shift to a Warsh-led regime could signal the easing cycle is nearing its end.

Basis point: 1/100th of 1 percent.

Learn more: https://www.wisdomtree.com/investments/multimedia/basis-points-podcasts#Listen%20now

Please see the WisdomTree Glossary for additional definitions of terms and/or indexes: https://www.wisdomtree.com/investments/glossary

March CPI surged +0.9%, its largest monthly jump since 2022, driven by the sharpest gasoline price increase since 1967. This week on the Basis Points podcast, Kevin Flanagan explains why the Fed may look through this energy-driven spike, even as inflation risks complicate the path for rate cuts.

Basis point: 1/100th of 1 percent.

Learn more: https://www.wisdomtree.com/investments/multimedia/basis-points-podcasts#Listen%20now

Please see the WisdomTree Glossary for additional definitions of terms and/or indexes: https://www.wisdomtree.com/investments/glossary

Treasury yields have surged despite geopolitical tensions, challenging their traditional safe-haven role amid rising inflation fears. This week on the Basis Points podcast, Kevin Flanagan explains why Treasury floating rate notes (FRNs) may offer a more resilient way to navigate rate volatility and shifting market dynamics.

Basis point: 1/100th of 1 percent.

Learn more: https://www.wisdomtree.com/investments/multimedia/basis-points-podcasts#Listen%20now

Please see the WisdomTree Glossary for additional definitions of terms and/or indexes: https://www.wisdomtree.com/investments/glossary

Credit spreads are widening again as liquidity concerns resurface and AI-driven disruption—especially in software—comes back into focus. This week on the Basis Points podcast, Kevin Flanagan is joined by Andrew Okrongly, Director of Model Portfolios at WisdomTree, to break down what’s driving these shifts, and why high yield’s lower exposure to software, combined with a stronger liquidity profile, may help mitigate emerging risks while enhancing income.

Basis point: 1/100th of 1 percent.

Learn more: https://www.wisdomtree.com/investments/multimedia/basis-points-podcasts#Listen%20now

Please see the WisdomTree Glossary for additional definitions of terms and/or indexes: https://www.wisdomtree.com/investments/glossary

The latest FOMC meeting reinforced a patient Fed, but the outlook remains uncertain. Kevin Flanagan breaks down how policymakers are weighing inflation, slowing growth, and geopolitical risks while assessing the path toward neutral. What does this mean for rates and the road ahead?

Basis point: 1/100th of 1 percent.

Learn more: https://www.wisdomtree.com/investments/multimedia/basis-points-podcasts#Listen%20now

Please see the WisdomTree Glossary for additional definitions of terms and/or indexes: https://www.wisdomtree.com/investments/glossary

Oil surged above $100 and the 10-year Treasury jumped toward 4.2% as Middle East tensions and fresh economic data jolted markets in the past week. This week on the Basis Points podcast, Kevin Flanagan breaks down the crosscurrents, from a surprisingly weak jobs report to resilient macro indicators, and explains why the Fed may stay on hold while volatility lingers.

Basis point: 1/100th of 1 percent.

Learn more: https://www.wisdomtree.com/investments/multimedia/basis-points-podcasts#Listen%20now

Please see the WisdomTree Glossary for additional definitions of terms and/or indexes: https://www.wisdomtree.com/investments/glossary

Foreign investors held a record $9.27 trillion in U.S. Treasuries at the end of 2025, even as “Selling America” fears made headlines. This week on the Basis Points podcast, Kevin Flanagan analyzes the latest Treasury International Capital (TIC) data and makes the case that, despite geopolitical tensions and market anxiety, global demand for Treasuries remains firmly intact.

Basis point: 1/100th of 1 percent.

Learn more: https://www.wisdomtree.com/investments/multimedia/basis-points-podcasts#Listen%20now

Please see the WisdomTree Glossary for additional definitions of terms and/or indexes: https://www.wisdomtree.com/investments/glossary

The Fed’s ‘dot plot’ has become a market-moving ritual, but it’s only been around since 2012. This week on the Basis Points podcast, Kevin Flanagan examines what a Warsh-led Fed could mean for forward guidance, volatility and fixed income strategy.

Basis point: 1/100th of 1 percent.

Learn more: https://www.wisdomtree.com/investments/multimedia/basis-points-podcasts#Listen%20now 

Please see the WisdomTree Glossary for additional definitions of terms and/or indexes: https://www.wisdomtree.com/investments/glossary

The Fed still holds $6.3 trillion in Treasuries and mortgage-backed securities, well above pre-pandemic levels. This week on the Basis Points podcast, Kevin Flanagan explains why a Warsh-led effort to shrink the Fed’s balance sheet, especially $2 trillion in mortgage-backed securities, may be far more complicated than the rhetoric suggests.

Basis point: 1/100th of 1 percent.

Learn more: https://www.wisdomtree.com/investments/multimedia/basis-points-podcasts#Listen%20now

Please see the WisdomTree Glossary for additional definitions of terms and/or indexes: https://www.wisdomtree.com/investments/glossary

Markets reacted quickly to the nomination of Kevin Warsh as the next Fed Chairman, but the bigger story lies beyond the headlines. This week on the Basis Points podcast, Kevin Flanagan weighs Warsh’s Fed background, policy instincts and what a balance-sheet-focused Fed could mean for bonds.

Basis point: 1/100th of 1 percent.

Learn more: https://www.wisdomtree.com/investments/multimedia/basis-points-podcasts#Listen%20now

Please see the WisdomTree Glossary for additional definitions of terms and/or indexes: https://www.wisdomtree.com/investments/glossary