Panel of investment managers expects high short-term inflation, but says it’s not a concern. Where are CIOs investing their fixed income allocation? How high will inflation rise? Will there be another taper tantrum? Has the Fed learned from the global financial crisis? A panel of CIOs tackled these questions at the virtual 2021 Chief Investment Officer Symposium in a session titled “Fixed Income, Interest Rates, and the Fed in a Post-Vaccine World.” The panel, which was moderated by Sean Bill, CIO of the Santa Clara Valley Transportation Authority (VTA), included Paul Colonna, president and CIO of Lockheed Martin Investment Management Company; Matt Clark, CIO of the South Dakota Investment Council (SDIC); Bill Armstrong, portfolio manager at Principal Global Investors; and Russ Ivinjack, senior partner and CIO at AON.