- During his semiannual monetary policy testimony to Congress, Powell essentially reiterated his stance that, yes, the economy is in a solid recovery, but no, the recent spike in inflation is only “transitory”.
- Despite Chair Powell’s unchanged stance, I continue to focus on two overarching themes for the second half of this year and into 2022: keeping duration short and credit over rates.
- First up, on the short duration theme, investors may wish to consider the WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond Fund (SHAG).
- For the second theme, I’d like to highlight the WisdomTree U.S. High Yield Corporate Bond Fund (WFHY).
For further details see:
Aligning The Stars In Fixed Income