Jeffrey Katz, TCW managing director, sits down with CNBC's Bob Pisani on 'ETF Edge' to highlight how TCW's flexible income ETF works and why now is the time for investor to increase their allocation to bonds. Alex Morris, F/m Investments CEO, digs into the firm's short-dated treasury ETFs offerings and explains why they're appealing to investors now.
OBIL offers low-risk exposure to 12-month Treasury Bills with a 4.04% yield, making it appealing amid persistent inflation. Core PCE inflation is driven by the super-core services component, particularly financial and healthcare services, with tight labor markets contributing to its stickiness. The Fed's restrictive monetary policy and strong labor market conditions suggest OBIL's yield is unlikely to face downward pressure.