Basis Points
Investing in a 5% Bond World: The Barbell
4:50
Growth, sticky inflation, policy uncertainty and Treasury supply have pushed long-term yields to multi-decade highs. On this week’s episode of the Basis Points podcast, Kevin Flanagan outlines a barbell approach for investing in a “5% bond world.”
Basis point: 1/100th of 1 percent.
Consumer Price Index (CPI): Measures the average monthly change in prices paid by urban consumers for a market…