Kapstream’s Lee Likes Corporate Debt, High-Yielding EM Currencies

The video discusses the implications of yield spread and inversion, focusing on short-term investments in fixed income markets. It highlights the benefits of corporate debt in low-yield environments and examines the impact of negative yields on emerging markets. The video also explores the effects of increased treasury supply on interest rates and the potential for yield curve steepening.

In what ways have emerging markets performed compared to developed markets this year?

What might lead to a steepening of the yield curve in the future?