3min chapter

Forward Guidance cover image

Liquidity Has “Dried Up,” Says $100 Billion Investor | Jeffrey Sherman

Forward Guidance

CHAPTER

Bond Market Risks Are Relative to Duration, Right?

The bond market has been pricing in the higher inflation rate, and, by extension, potentially a slow down. I don't believe we're currently in a recession. So i think right now it's prudent to be cautious in some of that credit risk. But i want to own both sides of the equation because i think those risks are relatively balance.

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