Episode #10: Bond guru Marty Fridson on the 40-year fall in interest rates

Interest rates have been falling for 40 years. Few people now in the profession were active the last time rates were rising significantly.  Bond guru Marty Fridson is one of those few. If we are at the end of a supercycle in interest rates, recalling investment practices and strategies from that “before” time should be of great use to investors.