The bond market has taken a major U-turn in recent weeks, causing the ever-important 10-year Treasury yield to jump from a three-year low of less than 1.43% in September to almost 2% on Thursday. Is this a turning point for fixed income or just a correction in an overbought Treasuries market? Robert Tipp, chief investment strategist at PGIM Fixed Income, shares his thoughts. Bloomberg Executive Editor Chris Nagi also explains what the rise in yields means for a U.S. stock market that touched record highs this week.  

Mentioned in this podcast:

Career Risk Flashing in Fund Land as Only 29% Beat Benchmarks

U.S. Rates: Low for Long, But Likely Positive

Robinhood Traders Discovered a Glitch That Gave Them ‘Infinite Leverage’​​​​​​​

Correction: This post incorrectly identified Robert Tipp’s title. The post has been updated.

The bond market has taken a major U-turn in recent weeks, causing the ever-important 10-year Treasury yield to jump from a three-year low of less than 1.43% in September to almost 2% on Thursday. Is this a turning point for fixed income or just a correction in an overbought Treasuries market? Robert Tipp, chief investment strategist at PGIM Fixed Income, shares his thoughts. Bloomberg Executive Editor Chris Nagi also explains what the rise in yields means for a U.S. stock market that touched record highs this week.  Mentioned in this podcast:<a href="https://www.bloomberg.com/news/articles/2019-11-07/career-risk-flashing-in-fund-land-as-only-29-beat-benchmarks">Career Risk Flashing in Fund Land as Only 29% Beat Benchmarks</a><a href="https://www.pgim.com/pgim-fixed-income/thought-leadership/perspectives/US-Rates-Low-for-Long-but-Likely-Positive">U.S. Rates: Low for Long, But Likely Positive</a><a href="https://www.bloomberg.com/news/articles/2019-11-05/robinhood-has-a-glitch-that-gives-traders-infinite-leverage">Robinhood Traders Discovered a Glitch That Gave Them ‘Infinite Leverage’​​​​​​​</a>Correction: This post incorrectly identified Robert Tipp’s title. The post has been updated.

Hosts Mike Regan and Vildana Hajric are joined each week by expert guests to discuss the main themes influencing global markets. They explore everything from stocks to bonds to currencies and commodities, and how each asset class affects trading in the others. Whether you’re a financial professional or just a curious retirement saver, What Goes Up keeps you apprised of the latest buzz on Wall Street and what the wildest movements in markets will mean for your investments.

Hosts Mike Regan and Vildana Hajric are joined each week by expert guests to discuss the main themes influencing global markets.

What Goes Up

Panic in the Bond Disco

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/7a59bea5-196e-4a15-8306-ae3c0036eddd/transcript

Advertisement