Basis Points

Yields are hovering just above 4%, but that doesn’t mean it’s time to extend duration. This week on Basis Points, Kevin Flanagan explains why sticky inflation, a non-recessionary backdrop, and muted yield spreads argue for patience, not positioning long.

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 definitionsof terms and/or indexes: https://www.wisdomtree.com/investments/glossary

As was widely expected, the Fed implemented a 25bp rate cut at the October FOMC meeting, bringing the new fed funds trading range down to 3.75%–4%. This week on Basis Points, Kevin Flanagan breaks down how labor market trends, inflation pressures and the Fed’s view of a “neutral” rate could shape the path forward in December and beyond.

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 definitionsof terms and/or indexes: https://www.wisdomtree.com/investments/glossary

What if the labor market is turning a corner? This week on Basis Points, Kevin Flanagan discusses the “other side of the trade” asking whether the Fed and bond market may be underestimating the strength of the jobs picture. With recent Fed commentary focused on labor market risk, Kevin considers the possibility that we’ve already seen the softest prints and how that could shape the path forward for rates and investor expectations.

Basis point: 1/100th of 1 percent.

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

Who’s next to lead the Fed? This week on Basis Points, Kevin Flanagan discusses the five candidates reportedly on the shortlist to succeed Chair Powell and what each pick could signal for monetary policy, rate changes and market confidence. Listen now to hear what may be on the horizon as the nomination process heats up.

Basis point: 1/100th of 1 percent.

With the government shutdown now stretching into its second week, key data releases have been delayed and uncertainty is rising. In this week’s episode of Basis Points, Kevin Flanagan shares how investors should interpret the lack of new economic data, and why the current backdrop differs from shutdowns of the past. Listen now for perspective on rates, risks, and what could come next. 

Basis point: 1/100th of 1 percent. 

ISM Services PMI: The ISM Services PMI (formerly the ISM Non-Manufacturing Index) provides a detailed look at the economy from a non-manufacturing standpoint.
Purchasing Managers’ Index (PMI): An indicator of the economic health of the manufacturing sector. The PMI is based on five major indicators: new orders, inventory levels, production, supplier deliveries and the employmentenvironment. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction while 50 indicates no change.

Where should fixed income investors look now that the Fed has resumed rate cuts? In this episode of Basis Points, Kevin Flanagan explains why Treasury Floating Rate Notes continue to stand out as a compelling option in today’s shifting interest rate landscape. Listen now for perspective on positioning portfolios in a lower-rate environment and why flexibility matters more than ever.

Basis point: 1/100th of 1 percent.

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

As was widely expected, the Fed implemented a 25-basis-point rate cut at today's FOMC meeting, bringing the new Fed Funds trading range down to 4%–4.25%. This week on Basis Points, Kevin Flanagan explains why the Fed’s next steps may hinge on how job growth evolves and whether inflation keeps creeping above target.

Basis point: 1/100th of 1 percent. 

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

How low can yields go and what comes next? This week on Basis Points, Kevin Flanagan unpacks the latest jobs report and what it signals for the Fed’s next move. With signs of labor market cooling, Kevin discusses the path ahead for Treasury yields and how a measured rate cut cycle could support a more stable, constructive environment for fixed income investors. Basis point: 1/100th of 1 percent.

What’s really happening inside the Fed? This week on Basis Points, Kevin Flanagan breaks down recent headlines around Chair Powell’s future, board reshuffling, and what it all could mean for upcoming policy decisions. With a rate cut in play, Kevin offers perspective on how the Fed operates, what could shape the next FOMC outcome, and why the data still leads the way.

Basis point: 1/100th of 1 percent.

Following the softer than expected July jobs report, the money and bond markets have fully embraced the narrativethat a Fed rate cut will be coming at the September FOMC meeting. In this episode, Kevin Flanagan gives his thoughts on the Treasury yield curves to watch and where they may be headed in the months ahead.

Basispoint: 1/100th of 1 percent.

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