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This video is the first in a series on bond investing late in the cycle.
Scott DiMaggio: Eric, the Fed balance sheet is back in focus in financial markets for the past couple of months. The Fed has expanded the size of the balance sheet going into year-end. As we sit here in January, what impact do you think that's had? What's actually happening with the Fed balance sheet?
Eric Winograd: Basically, there were some problems in the money market that seemed like there wasn't enough