Kevin Flanagan

Head of Fixed Income Strategy


As part of WisdomTree’s Investment Strategy group, Kevin serves as Head of Fixed Income Strategy. In this role, he contributes to the asset allocation team, writes fixed income-related content and travels with the sales team, conducting client-facing meetings and providing expertise on WisdomTree’s existing and future bond ETFs. In addition, Kevin works closely with the fixed income team. Prior to joining WisdomTree, Kevin spent 30 years at Morgan Stanley, where he was Managing Director and Chief Fixed Income Strategist for Wealth Management. He was responsible for tactical and strategic recommendations and created asset allocation models for fixed income securities. He was a contributor to the Morgan Stanley Wealth Management Global Investment Committee, primary author of Morgan Stanley Wealth Management’s monthly and weekly fixed income publications, and collaborated with the firm’s Research and Consulting Group Divisions to build ETF and fund manager asset allocation models. Kevin has an MBA from Pace University’s Lubin Graduate School of Business, and a B.S in Finance from Fairfield University.

The Fed left the interest rates unchanged at today’s FOMC meeting, keeping the trading range at 5.25% –5.50%. Could the markets still see another rate hike in 2023? Kevin Flanagan discusses the possibility of another rate hike as we move into Q4 and head toward 2024.

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One of the more surprising outcomes so far this year is that markets have yet to see a recession. Kevin Flanagan examines two indicators of economic growth, GDI and GDP, and discusses what to anticipate in Q3 and the rest of 2023.
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While the Fed has emphasized that future policy decisions would be based on the “totality” of upcoming economic data, make no mistake, employment reports go to the front of the line. As the September FOMC meeting nears, Kevin Flanagan analyzes the latest jobs numbers.
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While Powell didn’t offer up any groundbreaking headlines in his Jackson Hole speech last week, the overarching message from the chair still resounds loud and clear: rates will be “higher for longer.” Kevin Flanagan aims to answer the question, how high and how long?
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For those looking for a summer respite for the bond market in August…think again. Kevin Flanagan gets into the root causes of the recent increase in the 10-Year yield and whether it is reasonable to expect a reversal any time soon.
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What are the implications of higher funding costs for high-yield credit markets? Our thought leaders discuss how investors can seek a more targeted high-yield exposure with the WisdomTree U.S. High Yield Corporate Bond Fund (WFHY).
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2023 Mid-Year Economic and Market Outlook

The economic and market landscapes continue to evolve, and we expect some significant changes as we make our way through the remainder of 2023. In our Mid-Year Economic and Market Outlook for 2023, we lay out some of the “known unknowns” we believe could significantly affect the investing landscape and dive into our thoughts covering Equities, Fixed income and Real assets and alternatives. 

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The Global Edge: Shaken, Not Stirred—The Impact from the Recent Banking Turmoil
In this edition of The Global Edge, our team of thought leaders explore the question of: how long can investors expect to see the potential ill effects from these developments as we move into the second half of the year?
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Three Strategies for an Evolving Bond Market

Over the last year and a half, fixed income investors have faced a variety of challenges: a once-in-a-generation pandemic with unprecedented lockdown, a surge in inflation and rate hikes at a pace not seen since Chairman Volcker’s tenure. With the U.S. bond market expected to continue evolving, learn about three high-conviction themes for fixed income investors to consider now. 

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The Global Edge: China Re-opens: What It Means for Global Investors
As global investors stand weeks away from the end of 2022, it is interesting to note that some things just don’t change. While the financial markets seem to be endlessly waiting for some type of ‘Powell Pivot’ from the Federal Reserve (Fed), global central banks remain in full-tilt tightening mode. The Bank of Japan is, of course, the notable exception in the developed world.
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Fixed Income: A Return to Normalcy
The Fed and the broader central bank community will continue to walk the tightrope between fighting inflation and avoiding a recession. Against this backdrop, the Fed is expected to raise rates further early in the new year before policy goes on an extended pause, and perhaps consider a rate cut before year-end.
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2023 Economic and Market Outlook

The economic and market landscapes continue to evolve, and we expect some significant changes as we make our way through 2023. In our Economic and Market Outlook for 2023, we lay out some of the “known unknowns” we believe could significantly affect the investing landscape and dive into our thoughts covering Equities, Fixed income and Real assets and alternatives. 

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The Global Edge: Volatility Remains A Market Constant
As global investors stand weeks away from the end of 2022, it is interesting to note that some things just don’t change. While the financial markets seem to be endlessly waiting for some type of ‘Powell Pivot’ from the Federal Reserve (Fed), global central banks remain in full-tilt tightening mode. The Bank of Japan is, of course, the notable exception in the developed world.
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The Global Edge: Navigating the Uncharted Waters Between Growth and Inflation
With inflation raging across the globe, developed market (DM) central banks have been confronted by a force not seen in decades. Indeed, prior to the once in-a-generation COVID-19 pandemic, it seemed as if the challenge facing central banks was skewed more toward the perplexing lack of demand pressures that was prevalent, a complete 180-degree shift from where we currently stand.
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Where Will This Rate Hike Cycle Take Us?
With much fanfare, the Federal Reserve (Fed) has finally begun its long-awaited rate hike cycle. Unfortunately, now comes the hard part. In other words, how is this process going to play out in terms of not just what the individual rate hikes will look like—25 basis points (bps) or 50 bps?—but also, where the terminal rate for the Fed Funds target range will ultimately climb to, and when? It is important to remember that the Fed will be drawing down its balance sheet at the same time, in what should be referred to as the polar opposite of quantitative easing (QE): quantitative tightening or QT.
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Can Uncle Sam Protect YOU from Higher Rates?
With nearly $23.0 trillion in marketable public debt outstanding, Treasury securities (UST) are viewed as the most liquid asset class in the fixed income universe, offering money and bond market investors a high-quality solution, with a variety of different investment aspects. When interest rates are rising, it is important to understand the dynamics behind the different Treasury securities available in order to make an educated decision for your bond portfolio. Let’s take a quick lesson on the UST market.
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Planning for Potential 2020 Election Results
We are entering the homestretch of the 2020 presidential election season. With two polarizing presidential candidates, an ongoing pandemic, a recession, social unrest and a mail-in ballot controversy, this cycle is truly like no other. With the current environment in mind, we lay out four possible election outcomes, with our thoughts on how the markets may react to each one. Our hope is that advisors and investors can begin to think ahead and plan for different potential scenarios.
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Fed Watch: Can I See the Finish Line?
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Professor Siegel Talks Fed Meeting & Changing His View on Interest Rates
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Seeking income? Two Steps Can Help Reduce Your Risk
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The Global Edge: Shaken, Not Stirred: The Impact of the Recent Banking Turmoil
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Fixed Income Masterclass Highlight
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De-Risk Your High Yield Allocation
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Is the Fed Fighting Yesterday's Battles?
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Navigate Market Headlines with Professor Siegel
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The Global Edge: How Will China's Covid Re-opening Impact Global Markets?
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Is the Fed Embarking on an Irreversible Policy Mistake?
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The Global Edge: Volatility Quotient Takes Center Stage
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Income is Back
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Cboe’s 3 Questions in 3 Minutes: WFHY
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Powell Goes Full Steam Ahead
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Inflation vs. Recession: Global Central Banks Walk the Tight Rope
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Nifty Fifty: The Fed Hikes Again
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WisdomTree Barbell Strategy
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Staying Focused Amid the Ukraine Crisis
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"3 Questions in 3 Minutes" on WisdomTree Alternative Income Fund
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A Fixed Income Opportunity for the Current Market
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Kevin Flanagan on Enhancing Yield with a Barbell Approach
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WisdomTree's Head of Fixed Income Strategy Talks AGGY and USFR Barbell Approach on NYSE's What's the Fund
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