In the first episode of Fulcrum’s new series “Deeper Dives”, Gavyn Davies, Founder and Executive Chairman and Andy Bevan, Partner and Economic Advisor drill down into:
- The concept of R-star, the equilibrium interest rate, and its importance in the bond market
- The variety of ways to measure R-star and a comparison of the market’s pricing with the Fed’s estimate
- The valuation of the bond market and the potential for long duration positions
- The soft landing scenario for the economy is still the most likely
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