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What's Up with Bonds?! | June Round Up

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Manage episode 487749561 series 2431123
Content provided by Alpha Architect. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Alpha Architect or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
Can Apple really be safer than the U.S. government? In this episode of the Alpha Architect Roundup, we explore the odd disconnect between credit ratings and market pricing. Apple holds a higher rating than the U.S.—but Treasury yields suggest otherwise. What does that say about risk perception, inflation expectations, and the role of bonds in your portfolio? In this episode, we discuss: – The disconnect between credit agencies and bond market pricing – The bond market’s lackluster performance post-2022 – Rising tariffs and their impact on inflation – Momentum’s underperformance despite a strong market – Whether T-bills are still the “risk-free” rate – Practical strategies for managing long-term macro uncertainty Sources: – "Why Are Bond Investors Contrarian While Equity Investors Extrapolate? Understanding Return Expectations, Part 3" by Antti Ilmanen. AQR. Subscribe for more insights on diversification, market trends, and smart investing strategies! For more educational resources, visit our website: https://www.alphaarchitect.com Disclosures: https://www.alphaarchitect.com/disclosures
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65 episodes

Artwork
iconShare
 
Manage episode 487749561 series 2431123
Content provided by Alpha Architect. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Alpha Architect or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
Can Apple really be safer than the U.S. government? In this episode of the Alpha Architect Roundup, we explore the odd disconnect between credit ratings and market pricing. Apple holds a higher rating than the U.S.—but Treasury yields suggest otherwise. What does that say about risk perception, inflation expectations, and the role of bonds in your portfolio? In this episode, we discuss: – The disconnect between credit agencies and bond market pricing – The bond market’s lackluster performance post-2022 – Rising tariffs and their impact on inflation – Momentum’s underperformance despite a strong market – Whether T-bills are still the “risk-free” rate – Practical strategies for managing long-term macro uncertainty Sources: – "Why Are Bond Investors Contrarian While Equity Investors Extrapolate? Understanding Return Expectations, Part 3" by Antti Ilmanen. AQR. Subscribe for more insights on diversification, market trends, and smart investing strategies! For more educational resources, visit our website: https://www.alphaarchitect.com Disclosures: https://www.alphaarchitect.com/disclosures
  continue reading

65 episodes

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