Yields are hovering just above 4%, but that doesn’t mean it’s time to extend duration. This week on Basis Points, Kevin Flanagan explains why sticky inflation, a non-recessionary backdrop, and muted yield spreads argue for patience, not positioning long.
Basis point: 1/100th of 1 percent.
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Please see the WisdomTree Glossary for additional definitionsof terms and/or indexes: https://www.wisdomtree.com/investments/glossary
