Talk Your Book: Navigating Fixed Income in a Crazy World

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Today's Talk Your Book is sponsored by Invesco:

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On today’s show, we discuss:

  • Why investors continue to hold $7 trillion in money market funds despite the Fed easing cycle

  • How the quality of high yield issuers today compares to historical norms, and why spreads remain tight

  • Public credit versus private credit: liquidity, transparency, and the risks of opening private markets to retail investors

  • Why floating rate strategies have become more relevant in an environment of rate uncertainty

  • The advantages of active fixed income ETFs over mutual funds in terms of cost and tax efficiency

Animal Spirits:

Charts:

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