Rieder: Savers Are Losers in Current Monetary Conditions

The video discusses the potential impact of the Fed's rate hike on the bond market, emphasizing the low likelihood of a hike before the election. It highlights the importance of diversifying fixed income investments, with a focus on high yield and emerging markets. The weak demand in treasury auctions is analyzed, and the benefits of emerging markets and US corporate bond issuance are explored. Concerns about the stability of the high yield market and the effects of monetary policy are also addressed.

What factors are influencing the Federal Reserve's decision-making regarding interest rates?

How does the demand for high yield bonds compare to that of treasury bonds according to the discussion?

What are the implications of the current interest rates on emerging markets?

Discuss the trends in corporate bond issuance as mentioned in the text.

What concerns are raised about the sustainability of high yield bonds?