{"podcast":{"title":"Moving Markets","slug":"moving-markets-5478198","podcast_index_feed_id":5478198,"rss_url":"https://feeds.transistor.fm/moving-markets","website_url":"http://www.juliusbaer.com","image_url":"https://img.transistorcdn.com/vDHaJDrwYOS7iJuQC5X9ty_2NRtbjCGMS2tBXARGrS0/rs:fill:0:0:1/w:1400/h:1400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS8xNjUy/MmQxYWUyZDEwNTA1/OTJhNzY2OWUxMTU2/OGM4ZS5qcGc.jpg","author":"Adventurous Media","episode_count":1105,"summary":"Moving Markets is the home of podcasts at Julius Baer. Here, our expert teams share concise daily market updates in ‘Moving Markets Daily’ which is complemented by ‘Moving Markets: The View Beyond’, a weekly show dedicated to discussing the context, thematic angles, and investment implications behind key topics shaping the news cycle and conversations among our relationship managers and clients. The information contained in this podcast is marketing material. Opinions expressed do not constitute independent financial/investment research, investment advice, or an offer to buy or sell securities by Julius Baer. Please refer to www.juliusbaer.com/legal/podcasts for important legal information prior to listening to this podcast.","last_synced_at":"2026-09-28T16:21:23.899176+00:00","page_url":"https://stenobird.com/podcast/moving-markets-5478198"},"episode":{"title":"The View Beyond: Why the short end looks sweet","slug":"the-view-beyond-why-the-short-end-looks-sweet","published_at":"2026-08-29T05:30:00+00:00","page_url":"https://stenobird.com/podcast/moving-markets-5478198/the-view-beyond-why-the-short-end-looks-sweet","show_page_url":"https://stenobird.com/podcast/moving-markets-5478198","url":"https://share.transistor.fm/s/168307e3","audio_url":"https://media.transistor.fm/168307e3/3339e422.mp3","summary":"With yields at historically attractive levels and the yield curve offering attractive opportunities, fixed income is drawing renewed attention from investors seeking both income and capital preservation. But is the short end of the curve really as appealing as it seems—and what should investors know about the risks and rewards? In this episode, Ayako Lehmann, Head of Webcasts & Video at Julius Baer, is joined by Roman Frey, Head of CIO Office Global Fixed Income and voting member of the Fixed Income Investment Committee. Together, they explore why fixed income deserves a place in every portfolio, the importance of duration, credit risk, and liquidity, and how macroeconomic factors and central bank policy shape the opportunity set. The conversation covers the dynamics of the primary and secondary bond markets, the role of market technicals, and why short-dated bond strategies may offer a compelling alternative to cash and money market funds. Roman also discusses the impact of the Federal Reserve’s evolving communication style under Kevin Warsh, the practicalities of managing strategic cash, and why now may be a particularly attractive time to lock in yields. (00:00) - Introduction (01:28) - Is fixed income really boring? (04:39) - Understanding duration and credit risk (06:53) - Liquidity and the importance of the primary market (10:08) - Macroeconomic factors and central bank policy (12:40) - Market technicals and the impact of supply and demand (14:03) - Hyperscalers and the shape of new bond issuance (16:31) - Cash versus bonds—what investors should consider (20:34) - The Fed’s new communication style and implications for investors (23:08) - Is short duration the right approach now? (25:27) - What makes short-dated bond strategies attractive? (28:28) - Managing s…","meta_description":"With yields at historically attractive levels and the yield curve offering attractive opportunities, fixed income is drawing renewed attention from invest…","key_points":[],"chapters":[],"topics":[],"duration_seconds":2354,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/moving-markets-5478198/episodes/the-view-beyond-why-the-short-end-looks-sweet/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/moving-markets-5478198/the-view-beyond-why-the-short-end-looks-sweet.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}