Talk Your Book: Investing in Fixed Income
Animal Spirits Podcast
00:00
The Skepticism of Fixed Income Investors
I think the stereotype is that bond investors tended to be skeptical, whereas equity investors are more optimistic. That asymmetry creates a high level of skepticism and in many ways, it probably is a personality trait. The Fed has always been in play around the field. Their presence is definitely more felt than it used to be. I hope we see higher rates. It seems that this is the new reality"
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