Schwab IMPACT 2026: $100 Crude's Continuing Fed Pressure

Warren Pierson of Baird Funds discusses how he and his firm are searching for opportunities in fixed income following the Fed's decision to hold interest rates in October. He states that the longer crude oil trades above $100, the more pressure it puts on the Fed and Treasury yields. Due to the lingering macro uncertainty, Warren argues bonds are "doing what they should be doing" and remain a strong long-term investment.

Market On Close

28 Oct 2026

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