Halloween season is now upon us and if you look at recent price action within the U.S. Treasury (UST) market, it looks as if the ‘spooks’ have already started. This week on the Basis Points podcast, Kevin Flanagan discusses why this is happening and how investors can position their bond portfolios as the U.S. Treasury market 10-year yield hits a 16-year high.

Basis point: 1/100th of 1 percent.

Barbell: The barbell is an investment strategy applicable primarily to a fixed income portfolio.