Basis Points with Kevin Flanagan

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As part of WisdomTree’s Investment Strategy group, Kevin serves as Head of Fixed Income Strategy. In this role, he contributes to the asset allocation team, writes fixed income-related content and travels with the sales team, conducting client-facing meetings and providing expertise on WisdomTree’s…

Kevin Flanagan


    • Aug 24, 2022 LATEST EPISODE
    • weekly NEW EPISODES
    • 5m AVG DURATION
    • 157 EPISODES


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    Latest episodes from Basis Points with Kevin Flanagan

    Aiming for High Income, with a Quality Screen

    Play Episode Listen Later Aug 24, 2022 5:13


    We'll say it again, there is income back in fixed income! This week on the Basis Points podcast, Kevin Flanagan reviews developments in the high yield market. And he focuses in on how considering a quality screen in your allocation approach could be beneficial. Basis Points: 1/100th of 1 percent. High Yield Market Cap is proxied by the Bloomberg Barclays U.S. Corporate High Yield Index. The benchmark Agg is the U.S. Aggregate Bond Index.

    Will Powell Play “Fed Texas Hold'Em”?

    Play Episode Listen Later Aug 17, 2022 4:35


    Will the Fed hold‘em, fold‘em or stay? This week on the Basis Points podcast, Kevin Flanagan weighs in on the latest debate in the money and bond markets, and contemplates the future landscape regarding interest rate hikes. During the episode, Kevin deals out notable perspectives and possible approaches to consider under the current environment and discusses shorter duration profiles in a fixed income portfolio to help mitigate risk against the current backdrop. Listen now to find out whether we think the Fed is bluffing.

    Back in the Summer of '69

    Play Episode Listen Later Aug 10, 2022 4:22


    This week on the Basis Points podcast, Kevin Flanagan provides perspective on the latest labor market data as policy officials continue pushing back against the recession narrative and gear up for the Jackson Hole Conference taking place later this month.

    Don't Go Chasing Waterfalls

    Play Episode Listen Later Aug 3, 2022 5:29


    What a week for the money and bond markets. This week on the Basis Points podcast, Kevin Flanagan continues his discussion on the sticky topic of inflation and breaks down the impact of the latest monetary policies on bond yields as it relates to the volatile market backdrop. Listen now to learn more about potential solutions for positioning your fixed income portfolio today. Basis Points: 1/100th of 1 percent.

    Fed Watch: Back-to-Back in the History Books

    Play Episode Listen Later Jul 28, 2022 4:35


    At this week's FOMC meeting, the Fed made history with another 75-point rate hike. This week on the Basis Points podcast, Kevin Flanagan discusses how the latest regulatory updates and developments affect the Fixed Income sector to help equip investors and advisors as talks of a possible recession continue. Basis Points: 1/100th of 1 percent.

    Is it Just a Matter of How Shallow or Deep?

    Play Episode Listen Later Jul 20, 2022 4:19


    What type of rate hike are we going to see at next week's July FOMC meeting? This week on the Basis Points podcast, Kevin Flanagan weighs in on the buzz around recession talk and what the yield curve could look like in the near term. Basis point: 1/100th of 1 percent.

    Income Back in Fixed Income?

    Play Episode Listen Later Jul 6, 2022 4:21


    Is income coming back into Fixed Income? This week on the Basis Points podcast, Kevin Flanagan discusses how the dynamic duo of inflation and fed policy are affecting the Fixed Income landscape and how it might be something to consider as recession chatter continues. Basis point: 1/100th of 1 percent. Yield to worst: The rate of return generated assuming a bond is redeemed by the issuer on the least desirable date for the investor.

    Looking for Recession Clues In All the Wrong Places

    Play Episode Listen Later Jun 29, 2022 5:08


    Are the markets looking for recession clues in the right or the wrong places? This week on the Basis Points podcast, Kevin Flanagan discusses the leading economic indicators of a recession, as well as where investors and advisors can turn to for a silver lining. Basis point: 1/100th of 1 percent.

    Is a 4% 10-Year Treasury Yield Possible?

    Play Episode Listen Later Jun 22, 2022 3:26


    The first half of 2022 is now in the books, and the Treasury 10-year yield continues to make headlines in the bond market. This week on the Basis Points podcast, Kevin Flanagan covers where the treasury yield might be headed next to help investors feel updated and informed on the latest market updates and developments. Basis Points: 1/100th of 1 percent. Fibonacci retracement: A technical analysis tool displaying percentage lines which look at support and resistance levels, potentially signaling short-term price/yield reversals. The concept of retracement suggests that after a period of market movement, prices/yields can retrace a portion of their prior pattern before returning to their original trend.

    I'll See Your 50, and Raise You 75

    Play Episode Listen Later Jun 15, 2022 4:32


    All eyes on today's Fed decision – now what? This week on the Basis Points podcast, Kevin Flanagan covers the impact of this week's FOMC meeting announcement to raise interest rates by 75 basis points, for the first time since 1994, and what that means for the money and bond markets. Basis Points: 1/100th of 1 percent.

    What's Next? 2022 Mid-Year Outlook with Morgan Stanley

    Play Episode Listen Later Jun 8, 2022 14:23


    As market uncertainty persists, investors and advisors are left to wonder what's next? This week on the Basis Points podcast, Kevin Flanagan leads a discussion with Morgan Stanley's Global Head of Macro Strategy, Matthew Hornbach to discuss their key takeaways from the first half of 2022 and the many forces set to impact the road ahead. Basis Points: 1/100th of 1 percent.

    Unsure About Duration? Try our Barbell Tool

    Play Episode Listen Later Jun 1, 2022 5:59


    With the mix of high inflation and rising interest rates, should investors and advisors consider repositioning their bond portfolios? This week on the Basis Points podcast, Kevin Flanagan delivers timely and actionable ideas to help investors and advisors navigate ever-changing market conditions including the use of WisdomTree's Barbell strategy as a helpful tool that aims to provide investors with a core strategic solution. Basis Points: 1/100th of 1 percent.

    How to Find Higher Yield

    Play Episode Listen Later May 25, 2022 12:45


    With rates up and bond prices down, is there room for potential opportunity in the alternative credit sector? This week on the Basis Points podcast, Kevin Flanagan speaks with Chris Acito, Chief Executive Officer of Gapstow to discuss the impact of rising rates on traditional fixed income investments, alternative credit and more. To learn more about the standardized performance of the WisdomTree Alternative Income Fund (HYIN) please visit: https://www.wisdomtree.com/etfs/alternative/hyin Basis Points: 1/100th of 1 percent.

    Float Like a Butterfly, Don't Get Stung by a Bee

    Play Episode Listen Later May 11, 2022 6:10


    Has the sell-off in bond markets taken its course? This week on the Basis Points podcast, Kevin Flanagan covers the Fed potentially raising rates two if not three more times between now and year-end and what that means for fixed income investors. Basis Points: 1/100th of 1 percent.

    Fed Watch: Nifty-Fifty

    Play Episode Listen Later May 4, 2022 5:21


    At today's Fed meeting, for the first time since May 2000, the Fed announced a 50 point rate hike. This week on the Basis Points podcast, Kevin Flanagan discusses the impact of the meeting results on the fixed income markets going forward. Basis Points: 1/100th of 1 percent.

    The Defining Moment for the Bond Market?

    Play Episode Listen Later Apr 20, 2022 15:30


    This week on the Basis Points podcast, Kevin Flanagan is joined by George Goncalves, Head of U.S. Macro Strategy at MUFG Securities. They discuss global interest rates, possible outcomes for the next Fed meeting, and the impact of Quantitative Tightening. Basis Points: 1/100th of 1 percent.

    On the QT

    Play Episode Listen Later Apr 13, 2022 13:55


    This week on the Basis Points podcast, Kevin Flanagan is joined by Roberto Perli, Head of Global Policy at Piper Sandler and former senior staff member at the Fed to provide insights on what might be on the policymakers' minds when it comes to rate hikes as inflation continues to run hot. Basis Points: 1/100th of 1 percent.

    Are Inverted Treasury Yields Fake News?

    Play Episode Listen Later Apr 7, 2022 4:03


    What is all the buzz about a potential economic recession? This week on the Basis Points podcast, Kevin Flanagan discusses inverted treasury yields, while interest rates continue their journey higher, and what that means as talks of a possible recession start to heat up.

    Where Treasury and TIPS Yields May Be Headed

    Play Episode Listen Later Mar 23, 2022 5:13


    This week on the Basis Points podcast, Kevin Flanagan discusses a few key takeaways following the March FOMC meeting, focusing on where we believe treasury yields are headed.

    We Have Lift-Off

    Play Episode Listen Later Mar 16, 2022 3:54


    Now that the first hike has been announced, Kevin Flanagan discusses what the rate hike cycle looks like going forward. And up until Russia's invasion of Ukraine, it appeared as if this rate hike episode would be kind of straightforward. Basis Points: 1/100th of 1 percent.

    Stagflation Without the Stag

    Play Episode Listen Later Mar 9, 2022 4:22


    This week on the Basis Points podcast, Kevin Flanagan lays out the runway for next week's fed meeting while analyzing the latest on the employment sector as we anticipate our policymakers will act as a catalyst for slower growth. Basis Points: 1/100th of 1 percent.

    Can Powell Hit a Curveball?

    Play Episode Listen Later Mar 2, 2022 4:40


    This week on the Basis Points podcast, Kevin Flanagan takes a trip down memory lane as he examines the yield curve and poses the question, what will the Fed do as this tightening cycle progresses amidst, among other things, the highest inflation setting in 40 years? Listen in as Kevin shares his insights on the unique backdrop the Fed faces leading up to the first rate hike announcement since 2018, including the uncertainty of a Ukraine-Russia conflict. Basis Points: 1/100th of 1 percent.

    Are Fed Funds Futures All That They're Cracked Up To Be

    Play Episode Listen Later Feb 22, 2022 5:35


    With several Fed interest rate hikes expected to begin as early as March, this week on the Basis Points podcast, Kevin Flanagan discusses what history has to show amid rising rates while preparing for ‘lift-off.' Basis Points: 1/100th of 1 percent.

    Looking for Yield When Rates Are Rising

    Play Episode Listen Later Feb 16, 2022 11:48


    This week on the Basis Points podcast, Kevin Flanagan speaks with Gapstow Chief Executive Officer, Chris Acito to discuss the impact of rising rates on traditional fixed income investments as well as potential opportunities in the alternative credit sector. To learn more about the standardized performance of the WisdomTree Alternative Income Fund (HYIN) please visit: www.wisdomtree.com/etfs/alternative/hyin Basis Points: 1/100th of 1 percent.

    Negative Yields Are No Longer Spanning Across The Globe

    Play Episode Listen Later Feb 9, 2022 3:44


    Is the Treasury market at risk of losing support from the Fed and global investors? This week on the Basis Points podcast, Kevin Flanagan covers the latest global market trends: higher yields, the impact that the sovereign debt yields could have on the U.S. bond market and preparing one's portfolio for what's next. Basis Points: 1/100th of 1 percent. European Central Bank (ECB): the central bank responsible for monetary policy of those European Union (EU) member countries which have adopted the euro currency. Italy Government Bond 10-Year: Generally, a government bond is issued by a national government and is denominated in the country`s own currency. Bonds issued by national governments in foreign currencies are normally referred to as sovereign bonds. The yield required by investors to loan funds to governments reflects inflation expectations and the likelihood that the debt will be repaid. Japanese government bonds (JGBs): bonds issued by the Japanese government and have become a key part of the country's central bank efforts to boost inflation. There are three key types of JGBs—general bonds, Fiscal Investment and Loan Program bonds, and subsidy bonds.

    Where Is The Treasury 10-Year Yield Headed?

    Play Episode Listen Later Feb 1, 2022 4:46


    With the money and bond markets still buzzing following Chairman Powell's ‘hawkish' show, this week on the Basis Points podcast, Kevin Flanagan shares his outlook while discussing the number of potential rate hikes and where the Fed funds' target range will land given the current state of the sovereign debt markets. Basis Points: 1/100th of 1 percent.

    Ready, Set, Hike...

    Play Episode Listen Later Jan 26, 2022 4:27


    This week on the Basis Points podcast, Kevin Flanagan discusses a few key takeaways following the latest Fed meeting, including signals that rate hikes could occur at any future FOMC meetings, moving Kevin's focus back to the balance sheet and now, it's all about timing as policymakers work to shrink their balance sheet.

    The Fed's Balancing Act

    Play Episode Listen Later Jan 19, 2022 5:08


    Is it more than a rebalancing act? This week on the Basis Points podcast, Kevin Flanagan focuses on the Fed balance sheet while discussing the rate hike cycles and what is to come for the money and bond markets.

    Is Early Liftoff a ‘Four' Gone Conclusion?

    Play Episode Listen Later Jan 12, 2022 4:33


    This week on the Basis Points podcast, Kevin Flanagan discusses the more hawkish tilt coming out of the recent Fed meeting and what affect that has on the money and bond markets.

    2022's High Conviction Trade – Rising Rates

    Play Episode Listen Later Jan 5, 2022 6:22


    This week on the Basis Points podcast, Kevin Flanagan discusses three rate-hedging investment resolutions for 2022's rising rates and inflationary environment to ring in the new year. Basis Points: 1/100th of 1 percent.

    Basis Points: It's Beginning to Look a Lot Like...Rate Hikes

    Play Episode Listen Later Dec 16, 2021 4:06


    This week on the Basis Points podcast, Kevin Flanagan discusses the final FOMC meeting for 2021 and it's beginning to look a lot like rate hikes may be coming from the Fed next year. Where does that leave fixed income investors for 2022? Tune-in now to hear more. Basis Points: 1/100th of 1 percent.

    Basis Points: In The Eye Of The Beholder

    Play Episode Listen Later Dec 8, 2021 3:49


    This week on the Basis Points podcast, Kevin Flanagan discusses the swaying focus for the money and bond markets on the Fed, inflation and labor market due to recent headlines following the discovery of the new Omicron variant of the coronavirus. Basis Points: 1/100th of 1 percent.

    Basis Points: Nowhere to Run...With One Exception

    Play Episode Listen Later Nov 30, 2021 4:46


    This week on the Basis Points podcast, Kevin Flanagan talks about the reappointment of Federal Reserve Chairman Jay Powell and the rate outlook in the fixed income space following the Treasury's initial market response. In other words, Fibonacci's technical analysis. Basis Points: 1/100th of 1 percent.

    Basis Points: Transitory Inflation Has Gone Mainstream

    Play Episode Listen Later Nov 16, 2021 4:49


    Is the Fed in for a sticky situation? This week on the Basis Points podcast, Kevin Flanagan discusses what ‘transitory' means specifically related to inflation, bond markets and more before gearing up to take a seat at the holiday table.

    Basis Points: Fed Watch - Moving On And Rather Quickly

    Play Episode Listen Later Nov 4, 2021 5:22


    This week on the BasisPoints podcast, Kevin Flanagan reflects on the latest Fed meeting as they commence ‘phase two' of their exit strategy. Tune-in to hear Kevin discuss a wide-range of hot topics including the Fed's plan for a fast taper, rate hikes and more while forecasting its potential market impacts.

    Basis Points: Rates Rising, Who You Gonna Call?

    Play Episode Listen Later Oct 26, 2021 4:01


    With Halloween just a few days away, Kevin Flanagan wonders if the bond market is going to be giving out tricks or treats this year. This week on the Basis Points podcast, it looks like things are getting spooky for treasury yields all across the coupon curve, as it brought absolute levels, in some cases, back to where they were pre-pandemic. Basis Points: 1/100th of 1 percent.

    Basis Points: Five and Dime

    Play Episode Listen Later Oct 19, 2021 3:53


    This week on the Basis Point's Podcast, Kevin Flanagan takes a trip down memory lane as he remembers the Five-and-Dime stores while discussing the recent action that's been occurring in the treasury markets, specifically in the 5 and 10-year sectors. Basis Points: 1/100th of 1 percent.

    Basis Points: This Time It's For Real

    Play Episode Listen Later Oct 13, 2021 5:28


    Is your bond portfolio prepared for the possibility that this time the increase in rates is for real? On this week's episode of the Basis Points podcast, Kevin Flanagan revisits one of the main themes for fixed income – considering a rate hedge strategy for bond portfolios. Distributor: Foreside Fund Services, LLC. Basis Points: 1/100th of 1 percent.

    Basis Points: A Fresh Idea for Bond Investors

    Play Episode Listen Later Oct 5, 2021 10:08


    On this week's episode of the Basis Points podcast, Kevin Flanagan is joined by Mike Barrer, WisdomTree's Director of Capital Markets, to answer your questions about Fixed Income ETFs. They discuss Mike's upcoming WisdomTree blog about trading in fixed income ETFs and how they performed at the height of the COVID-19 pandemic in March 2020. Basis Points: 1/100th of 1 percent. Bid–ask spread: the difference between the prices quoted for an immediate sale and an immediate purchase for stocks, futures contracts, options, or currency pairs. Premium discount: a volume discount applied to premiums that acknowledges the administrative cost savings associated with larger premiums.

    Basis Points: A Conversation on Mortgage-Backed Securities

    Play Episode Listen Later Sep 28, 2021 9:37


    On this week's episode of the Basis Point's podcast, Kevin Flanagan is joined by Jeff Dutra from Voya Financial to discuss the WisdomTree Mortgage Plus Bond Fund (MTGP). The WisdomTree Mortgage Plus Bond Fund operates as an actively managed exchange-traded fund that seeks income and capital appreciation through investments in mortgage-related debt and other securitized debt. Basis Points: 1/100th of 1 percent. Distributor: Foreside Fund Services LLC

    Basis Points: Exit Stage Left

    Play Episode Listen Later Sep 23, 2021 4:30


    Another FOMC meeting is in the books as policymakers completed their September convocation, and for those keeping track, that leaves two more Fed meetings this calendar year. On this week's episode of the Basis Point's podcast, Kevin Flanagan reveals key insights about FOMC's possible exit strategy, rate hikes, shifting economic projections, and more.

    Basis Points: Protecting the 'Core'terback

    Play Episode Listen Later Sep 14, 2021 4:25


    After a great weekend of enjoying the start of 2021's football season, Kevin Flanagan uses the sport as an analogy for bonds and fixed income investing. On this week's episode of the Basis Points podcast, Kevin compares protecting the quarterback on the football field to safeguarding your bond portfolio from rising rates. Basis Points: 1/100th of 1 percent. Duration: A measure of a bond's sensitivity to changes in interest rates. The weighted average accounts for the various durations of the bonds purchased as well as the proportion of the total government bond portfolio that they make up.

    Basis Points: Missed it by that Much

    Play Episode Listen Later Sep 7, 2021 5:38


    After looking at the August jobs report, Kevin Flanagan can't help but feel a bit of déjà vu. On this week's episode of the Basis Points podcast, Kevin compares the findings in the latest jobs report to the consensus forecast and draws comparisons between the inconsistencies between the forecast and outcomes of April's jobs report. Basis point: 1/100th of 1 percent.

    Basis Points: Greetings from Jackson Hole... See you in September

    Play Episode Listen Later Aug 31, 2021 5:04


    One of the most anticipated events of the year for the financial markets is behind us and Kevin Flanagan weighs in on the takeaways. On this week's episode of the Basis Points Podcast, Kevin looks back on last week's Jackson Hole speech from Federal Reserve Chairman, Jay Powell.

    Basis Points: Your Move, Jay Powell

    Play Episode Listen Later Aug 10, 2021 4:44


    Another jobs report in the books and things are getting a bit more interesting for the Fed. On this week's Basis Points Podcast, Kevin Flanagan wonders if the heat is beginning to get turned up on Federal Reserve Chairman Powell. Basis point: 1/100th of 1 percent.

    Basis Points: Aligning the Stars in Fixed Income

    Play Episode Listen Later Jul 20, 2021 5:30


    Federal Reserve Chairman Jerome Powell reiterated his stance that the recent spike in inflation is only transitory – so where does this leave fixed income investors? On this week's Basis Points Podcast, Kevin Flanagan explores two overarching themes for the second half of this year and into 2022.

    Basis Points: What's Behind the Recent Drop in the Treasury 10-Year Yield?

    Play Episode Listen Later Jul 13, 2021 4:58


    On this week's episode of the Basis Point's podcast, Kevin Flanagan discusses a variety of reasons for the recent drop in the Treasury 10-year yield. Basis point: 1/100th of 1 percent.

    Basis Points: Ending the First Half on a Solid Note

    Play Episode Listen Later Jul 6, 2021 4:56


    On this week's episode of the Basis Point's podcast, Kevin Flanagan reflects on the first half of the year and provides an outlook on the market and economy as we continue into the second half of 2021. Basis point: 1/100th of 1 percent.

    Basis Points: 'TIP'ping Point

    Play Episode Listen Later Jun 30, 2021 4:55


    On this week's episode of the Basis Point's podcast, Kevin Flanagan discusses whether investors should be considering Federal Reserve (“Fed”) exit strategy protection for their fixed income portfolio and potential portfolio shifts to consider so there aren't any Fed surprises lurking out there. Performance data quoted represents past performance and is no guarantee of future results. Current performance may be lower or higher than the performance data quoted. Investment return and principal value will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost. Returns less than one year are not annualized. Visit www.wisdomtree.com/etfs/fixed-income/usfr for the most recent month-end and standardized performance. Basis point: 1/100th of 1 percent.

    Basis Points: Could Liftoff Be Pushed Up Again?

    Play Episode Listen Later Jun 23, 2021 4:28


    On this week's episode of the Basis Point's podcast, Kevin Flanagan wonders if liftoff could be pushed up again by the Fed. He further discusses his main takeaways from the Fed meeting and the market's outlook for the next year.

    Basis Points: Fed Watch "Blues Clues"

    Play Episode Listen Later Jun 17, 2021 4:10


    On this week's episode of the Basis Point's podcast, Kevin Flanagan “connects the dots” from yesterday's Fed meeting. He discusses his main takeaways from the meeting and the Fed's possible exit strategy from their unprecedented accommodation.

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