This is your Market Minute from the New York Stock Exchange! Investors hoped the new year marked a new chapter in the inflation story. Even Fed Chair Jerome Powell started using the word disinflationary. Recent macroeconomic data proved inflation is still part of the story and has investors wondering for how much longer.  Nuveen Global Fixed Income CIO Anders Persson thinks it’s going to be a rocky road until the second half of this year. 

I think it's gonna take some time. Honestly, it's it's you know, we're expecting more volatility here. I think the rates are going to be range bound for for a bit longer. I mean, simplistically, while the Fed and the central banks continue to be hiking, it's really tough for the credit markets and fixed income overall to kind of stabilize and and see through that. So I think for the first half year, we're going to have we have some volatility. We're going to have some ups and downs to say, which is basically what we're seeing so far this year. There's definitely a star out in a very strong kind of type momentum. We're giving a lot of that out, more or less most of it in the last few weeks.
So unfortunate. I think it's going to be a little bit of a rocky road here for the first half of the year as we're moving into the second half of the year. I think we're getting a lot more comfort that investors are going to stabilize as the markets are seeing through some of
these golden parts Murali.