News
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03/16/2023
Scott Kimball, Managing Director at Loop Capital Asset Management, says the five and year treasury yields just briefly inverted for a moment. I think that the market may have been a bit off guard by how hawkish the Fed commentary was, with seven total hikes for 2022, he adds. He said the Fed did leave themselves a little bit of flexibility to address things in both directions. He sees the 10% sell-off in corporate bonds as an entry point. He says corporate balance sheets look great. Tune in for the full discussion.