- The past 2 years of easy monetary policy have unleashed a torrent of liquidity throughout the marketplace, and as we approach normalcy, or a perceived normalcy of interest rates over the next few years, perhaps that will tighten.
- Investors should be prepared for small bouts of volatility which could persist not only in the broader marketplace but also within liquidity markets.
- For short-term investors, this is especially poignant time to begin to evaluate the prospects of what's going to be changing in the landscape of cash management.
For further details see:
Our Take On Short-Term Rates