
Fed’s Daly Sets High Bar for Slowing Policy Pace
Bloomberg Businessweek
00:00
Is New Money Coming In?
We're in the business of providing that to clients and creating, you know, risk-adjusted asset allocations. So for us, we're not heavily tactical, but if we are not at target on certain asset classes, we will make adjustments. I think at this moment where interest rates are, making adjustments, extending duration on the margin within fixed income makes sense. As you said earlier, there's an alternative stocks at this point because of the move-up that we've seen in various fixed Income and yields in particular.
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