Basis Points

Hosted by Basis Points by WisdomTree Asset Management

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Episodes

313

Latest episode

Jun 2026

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EN-US

About the show

Macro commentary and expert-led discussions highlight what’s happening now in fixed income investing, so you can prepare for what’s next. Investing involves risks including loss of principal. This material represents the opinions of the participants at a specific time and is not intended to forecast future events or guarantee future results and should not be relied upon as investment advice. Kevin Flanagan is a registered rep of Foreside Fund Services, LLC.

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60 recent

June 11, 202611 min

Private Credit Beyond the Headlines: Why Diversification and Liquidity Matter More Than Ever

Private credit is often discussed as a single asset class, but the opportunity set extends far beyond direct lending. This week on the Basis Points podcast, Kevin Flanagan is joined by Chris Acito, CEO of Gapstow Capital Partners, to explore why diversification across multiple credit sectors and a clear understanding of liquidity can help investors build more resilient income-focused portfolios.Basis point: 1/100th of 1 percent.BDC = Business Development CompanyGSC = Government-sponsored enterprises“Glacy” refers to the Gapstow Private Credit and Alternative Income IndexLearn more: https://www.wisdomtree.com/investments/multimedia/basis-points-podcasts#Listen%20now Please see the WisdomTree Glossary for additional definitions of terms and/or indexes: https://www.wisdomtree.com/investments/glossary

June 3, 20265 min

Are Bessent’s Hands Tied?

The 10-year Treasury yield has repeatedly snapped back into a 4.0%–4.5% range despite bouts of market volatility. This week on the Basis Points podcast, Kevin Flanagan analyzes why speculation around Treasury Secretary Bessent capping long-term yields may be overstated, and why employment, inflation, and Treasury supply remain the real drivers.

May 20, 20264 min

‘Warsh’ and Dry

Inflation fears are back, with Treasury yields climbing sharply and markets now pricing in a potential Fed rate hike by 2027. This week on the Basis Points podcast, Kevin Flanagan explains why the “inflation trade” has taken hold and makes the case for Treasury Floating Rate Notes as a key defense in today’s bond market.Basis point: 1/100th of 1 percent.Learn more: https://www.wisdomtree.com/investments/multimedia/basis-points-podcasts#Listen%20now Please see the WisdomTree Glossary for additional definitions of terms and/or indexes: https://www.wisdomtree.com/investments/glossary

May 13, 20264 min

What’s ‘Under the Hood’ of Your Core Bond Position?

Nearly half of the Bloomberg U.S. Aggregate Bond Index is now made up of Treasuries, a dramatic shift from just 22% in 2002. This week on the Basis Points podcast, Kevin Flanagan explains why rising deficits are reshaping core bond exposures and how investors may seek a more balanced approach through WisdomTree Yield Enhanced U.S. Aggregate Bond Fund (AGGY).Basis point: 1/100th of 1 percent.Learn more: https://www.wisdomtree.com/investments/multimedia/basis-points-podcasts#Listen%20now Please see the WisdomTree Glossary for additional definitions of terms and/or indexes: https://www.wisdomtree.com/investments/glossary

May 6, 20264 min

Powell Stays…Should the Dot Plot?

Four Fed officials dissented in April—the most since 1992—signaling growing division on rate policy. This week on the Basis Points podcast, Kevin Flanagan explains how this shift, alongside Powell staying on, may, or may not, impact future monetary policy decisions.Basis point: 1/100th of 1 percent.Learn more: https://www.wisdomtree.com/investments/multimedia/basis-points-podcasts#Listen%20now Please see the WisdomTree Glossary for additional definitions of terms and/or indexes: https://www.wisdomtree.com/investments/glossary

April 29, 20264 min

Fed Watch: Powell’s Last Stand & What Comes Next?

At the April FOMC meeting, the Fed held rates steady for a third consecutive time, but uncertainty is only building. This week on the Basis Points podcast, Kevin Flanagan explains why a data-dependent Fed and a likely shift to a Warsh-led regime could signal the easing cycle is nearing its end.Basis point: 1/100th of 1 percent.Learn more: https://www.wisdomtree.com/investments/multimedia/basis-points-podcasts#Listen%20now Please see the WisdomTree Glossary for additional definitions of terms and/or indexes: https://www.wisdomtree.com/investments/glossary

April 15, 20263 min

Inflation’s First Official Debut

March CPI surged +0.9%, its largest monthly jump since 2022, driven by the sharpest gasoline price increase since 1967. This week on the Basis Points podcast, Kevin Flanagan explains why the Fed may look through this energy-driven spike, even as inflation risks complicate the path for rate cuts.Basis point: 1/100th of 1 percent.Learn more: https://www.wisdomtree.com/investments/multimedia/basis-points-podcasts#Listen%20now Please see the WisdomTree Glossary for additional definitions of terms and/or indexes: https://www.wisdomtree.com/investments/glossary

April 8, 20264 min

Nowhere to Hide…Except Maybe Treasury Floating Rate Notes

Treasury yields have surged despite geopolitical tensions, challenging their traditional safe-haven role amid rising inflation fears. This week on the Basis Points podcast, Kevin Flanagan explains why Treasury floating rate notes (FRNs) may offer a more resilient way to navigate rate volatility and shifting market dynamics.Basis point: 1/100th of 1 percent.Learn more: https://www.wisdomtree.com/investments/multimedia/basis-points-podcasts#Listen%20now Please see the WisdomTree Glossary for additional definitions of terms and/or indexes: https://www.wisdomtree.com/investments/glossary

March 25, 202612 min

How to Mitigate Software Exposure in Bonds

Credit spreads are widening again as liquidity concerns resurface and AI-driven disruption—especially in software—comes back into focus. This week on the Basis Points podcast, Kevin Flanagan is joined by Andrew Okrongly, Director of Model Portfolios at WisdomTree, to break down what’s driving these shifts, and why high yield’s lower exposure to software, combined with a stronger liquidity profile, may help mitigate emerging risks while enhancing income.Basis point: 1/100th of 1 percent.Learn more: https://www.wisdomtree.com/investments/multimedia/basis-points-podcasts#Listen%20now Please see the WisdomTree Glossary for additional definitions of terms and/or indexes: https://www.wisdomtree.com/investments/glossary

March 18, 20264 min

Fed Watch: Between a Rock and a Hard Place

The latest FOMC meeting reinforced a patient Fed, but the outlook remains uncertain. Kevin Flanagan breaks down how policymakers are weighing inflation, slowing growth, and geopolitical risks while assessing the path toward neutral. What does this mean for rates and the road ahead?Basis point: 1/100th of 1 percent.Learn more: https://www.wisdomtree.com/investments/multimedia/basis-points-podcasts#Listen%20now Please see the WisdomTree Glossary for additional definitions of terms and/or indexes: https://www.wisdomtree.com/investments/glossary