Paul M. Drury, CFA
Closed End Funds
|Managed Municipal Income Trust|
|Municipal Opportunities Trust|
More from the Fixed Income team
The Fed is pursuing QT while being careful to avoid market disruption. Compare scenarios for QT and markets in Putnam's Macro Report.
Signs of falling inflation have helped risk assets recently, but the relief is likely temporary.
As inflation sticks around, it is important to think about how it is related to high government debt.