Tony Rodriguez oversees fixed income strategy for Nuveen’s global fixed income team and is responsible for co-chairing the Investment Committee, which establishes investment policy for all global fixed income products and communicates the team’s positioning. Prior to his current role, Tony was the co-head of fixed income. Before joining the firm in 2002, he was director and head of global corporate bonds at Credit Suisse Asset Management in New York. Previously, he was managing director and head of corporate bonds for Prudential Global Asset Management. Tony also worked as a portfolio manager for General Electric Investment Corporation and in various financial management capacities for General Electric. Tony graduated with a B.A. in Economics from Lafayette College and an M.B.A. in Finance from New York University.
The 10-year Treasury yield touched 3.32% as bond investors see the Fed raising rates by another 0.75% at its next meeting in late September.
Tony Rodriguez of Nuveen talks about how the credit cycle is impacting markets.
There is a view that ‘Hey, the economy is on maybe a little more solid footing,’ and that may require more Fed tightening.