IEF

On this episode, Anu Rajakumar sits down with Ashok Bhatia, to unpack the latest on global monetary policy, and where value sits now across the bond market. Read more here.

More than 70% of the increase in 10-year Treasury yields since the end of February has come from higher expected real short-term rates and the real term premium. Read more here.

The AI bond boom has led some to think corporate issuances are crowding out Treasuries, but that view may be overly simplistic. The article suggests the narrative could be misleading.

US equities finished mostly lower in a week dominated by the FOMC's quarter-point hike. Investment-grade corporates outperformed both Treasuries and taxable municipals last week.

While index volatility declined broadly last week, single stock volatility increased. This can be seen in the divergence between the VIX Index and VIXEQ Index. Read more here.

Sen. Warren and investor Peter Schiff raised concerns about the Federal Reserve’s independence after President Trump claimed he told Fed Chair Warsh how to vote on a rate hike.

A strategist warns that while gold could reach $5,000, a drop to $3,000 is likely first, citing market euphoria and rising bond yields as risks.

Personally, I am optimistic about AI, but I am also treating it like a super long-duration asset. So it’s matched to my very longest assets, like a Roth IRA or multi-generational planning.