
The Bond Market Is Just Doing Its Job
UST yields are climbing back to more “normal” historical levels, but the sell-off has stayed orderly, with no liquidity or funding stress in sight. This week on Basis Points, Maggie Lucier joins Kevin Flanagan to explain why rising rates reflect the bond market simply doing its job, and how WisdomTree’s Zero Duration Suite can help portfolios adapt.
Basis point: 1/100th of 1 percent.
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The skinny
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