Closing Bell Overtime: Shift4 CEO On Consumer Trends; Retail Investor Mistakes With Janus Henderson Investments CEO 5/5/23
Closing Bell
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How to Be Positioned for the Fed's Rate Cuts
The answer is a little bit nuanced because the answer in part depends on where you are on the yield curve. We would say that the shorter part of the yield curve, let's say a two year treasury note, trading at 3.9% today with the funds rate over 5% seems a little bit low to us. The average time between the last height and the first cut previous cycles is seven months historically. Do we really think we're going to default on the debt? Probably not. But there'll be volatility for sure.
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