Allspring's Bory: Significant yield cushion can protect you from the market

George Bory, chief investment strategist for fixed income at Allspring Global Investments, says that the Federal Reserve's forth jumbo rate hike of the year -- announced yesterday -- is not likely to trigger a deep inflation, but the central bank did leave consumers wondering just how effective the rate hikes will be at slowing and ending inflation. - hiking activity will end or, at least slow, the rise in consumer prices. Bory adds that while higher yields are not great for all financial assets, they do help fixed-income investors to generate a reasonable real return now. Tom Lydon, vice chairman at VettaFi also delves into interest rates by making a short-duration bond fund his pick for ETF of the Week honors, andi n the Market Call, Simon Lack of SL Advisors returns to the show to discuss energy infrastructure and pipeline companies.