Don’t Bail on Bonds Part Two
Jill on Money with Jill Schlesinger
Audacy
4.6 • 1.9K Ratings
🗓️ 22 May 2022
⏱️ 14 minutes
🧾️ Download transcript
Summary
In the past, when investors endured volatile weeks in the stock market, they would soothe their frayed nerves by focusing on their bond positions. Well, what happens when the so-called “safe” part of your portfolio loses value? That’s the conundrum that diversified investors are facing, as they confront this year’s drop in bond prices. Joining us this weekend to help soothe your nerves is Kathy Jones, the Chief Fixed Income Strategist at the Schwab Center for Financial Research.
Have a money question? Email us, ask jill [at] jill on money dot com.
Please leave us a rating or review in Apple Podcasts.
"Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | When you can't quite get the angle, take hands-free selfies with the Samsung Galaxy Z Flip 5, |
| 0:05.2 | stand it up, step back, and your photos are also synced to your Chromebook, ready to edit. |
| 0:10.8 | The new Samsung Galaxy Z Flip 5 and Chromebook, available on Vodafone. |
| 0:15.6 | Mailchimp would like to talk to you about customers. A customer is what happens when marketers fail |
| 0:21.1 | to personalise their marketing, grouping customers with very different behaviours into one tangled mess. |
| 0:26.4 | But with Mailchimp, marketers can use real-time behaviour data to personalise every email for every customer. |
| 0:33.0 | So get Mailchimp and turn your customers into customers. Into it Mailchimp, the number one email |
| 0:39.6 | marketing and automation brand. Based on customer numbers per verification email, advertising at Mailchimp.com. |
| 0:49.0 | Welcome to the Jill on Money Show. It's Sunday May 22nd. Now, if you haven't listened to |
| 0:54.0 | yesterday's show, you got to start there. Because we are in a two-parter with Kathy Jones, |
| 1:01.6 | managing director, chief fixed income strategist for the Schwab Centre for Financial Research. |
| 1:07.7 | I have now dubbed her the Bell of the Bond Ball because she is the consummate professional that |
| 1:14.5 | you want to hear from to discuss what's going on in the bond market. So yesterday, we talked about |
| 1:21.2 | why you shouldn't be bailing on your bond positions. We discussed economic cycles. We even touched |
| 1:26.0 | on recessions. In this part of our interview, we are discussing the resiliency of the US economy. |
| 1:33.6 | We get to touch on I bonds and we also learn what's keeping Kathy up at night. Here is part two of our |
| 1:40.9 | interview with Kathy Jones. When you think about what this economy has been through in the last two |
| 1:48.4 | years, is it fair to characterize it as saying, wow, actually, this economy was incredibly |
| 1:54.8 | resilient? In some ways, I think we are where we are today because of how quickly government |
| 2:02.0 | was and the Fed was able to respond. Maybe they did too much, but I'm not sure I would have |
| 2:08.2 | wanted it to be that everyone suffered together and we actually were in a deeper recession |
| 2:13.6 | in the COVID recession. Is that a fair way to characterize it that we're almost a victim of the |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Audacy, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Audacy and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.