Quadratic Capital Founder & CIO Nancy Davis says the market is currently pricing-in something odd for the 10-year Treasury yield. Nancy is a portfolio manager of the Quadratic Interest Rate Volatility & Inflation Hedge ETF (IVOL) which invests in TIPS and fixed income options as an inflation hedge. She speaks to Yvonne Man and David Ingles on 'Bloomberg Markets: China Open'.

For IVOL standard performance and top 10 holdings please click here. Past performance is no guarantee of future results. Diversification does not protect against market risk.

The linked article contains the manager's opinion. It should not be regarded as investment advice or recommendation of specific securities. Holdings mentioned are subject to change.