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Behind The Markets Podcast: Michael McClary

Behind the Markets Podcast

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The Fed's Moves May or May Not Do to the Bond Market

Elmerk: The capital markets don't always do exactly what you think they're going to do. And this is something that I'm concerned about is what the Fed's moves may or may not do to the bond market. We're spending a lot of time Jeremy looking at the Fed securities holdings and they have gathered a significant amount of mortgage back securities with relatively long duration. Elmerk: They've got about a big big push towards that and they've got treasuries in the shorter end of the curve. But it's my job to both put together those investigative strategies but then figure out how to make them work in the capital markets.

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