The new sweet spot for fixed income?

Posted: Saturday, November 17, 2018 - 12:22 EST

  • Rising interest rates suggest a turn away from fixed income, and industry flows support this.
  • Flattening and inverted yield curve usually means a recession is looming,  but is it?
  • For a long time, the market has championed TINA ("there is no alternative") rationale for buying stocks. Though flows into fixed income are negative YTD,  in the past few months, money has started pouring into short  term fixed income funds. Is this the new "Sweet Spot" and safe haven in today's market environment?

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