Stickier inflation is here to say, and we probably aren’t returning to 2% in the near term, says Jerome Schneider, managing director and leader of short-term portfolio management and funding at PIMCO. Schneider is joined by host and Bloomberg Intelligence Chief US Interest Rate Strategist Ira Jersey and Associate US Interest Rate Strategist Will Hoffman to discuss the state of short-term liquidity and money markets. The trio examine long- and short-term evolutions of the market, portfolio composition and the regulatory environment. They also wade into asset allocation, investor behavior and Federal Reserve policy.