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Aug 23, 2019
The inversion of the Treasury yield curve has recently gotten a lot of attention in the financial press as being a harbinger of economic malaise ahead. Our Fixed Income CIO Sonal Desai says these conclusions are misguided.
Many of the criticisms of ETFs don’t hold up to scrutiny.
Crack spreads look gloomy.
The SEC postponed until October a ruling on whether listing rules can change to allow the two funds to start trading.