Bond Market Has a Message: Is Anyone Listening?

WashingtonWise host Mike Townsend talks with Collin Martin, head of fixed income research and strategy at the Schwab Center for Financial Research, about the bond market after the Fed's first rate hike in more than three years and yields at levels the description calls unseen in two decades. The conversation covers the rate hike, Treasury Secretary Scott Bessent's buyback program, and whether national debt concerns are affecting bond markets. Martin gives his outlook for rates, credit markets and fixed-income investing heading into 2027, and where he sees potential opportunities. The episode also includes Townsend's roundup of Washington news, including Congress's response to a proposal to g

1. The Fed raised its baseline interest rate for the first time in more than three years, and bond yields rose to levels the description calls not seen in two decades.
2. The discussion covers Treasury Secretary Scott Bessent's buyback program and whether national debt concerns are affecting bond markets.
3. Martin shares an outlook for rates, credit markets and fixed-income investing heading into 2027.
4. The Washington segment covers Congress's response to a plan to give every American adult $5,000 after the election and a policy setback for the cryptocurrency industry.