For the first time in decades, long-term interest rates have broken out of their steady downtrend with recent spikes. Is this a temporary irregularity? Or could today’s rate environment be a new paradigm? In this episode, Mike Collins, CFA, host and Senior Portfolio Manager, and Robert Tipp, CFA, Chief Investment Strategist, take a look at how we arrived at “low for long,” questioning if it was a failed experiment and if leaving it in the past might actually be a good thing. Robert also provides his thoughts on potential interest rate paths and soft versus hard landing possibilities in 2023. Recorded on November 17, 2022.