Listen "Episode 5: The Vince Lombardi of Credit | Kevin Lynyak on Market Structure, SMAs & Fed Policy"
Episode Synopsis
In this episode of The OpenYield Markets Podcast, host Mark Hebert sits down with Kevin Lynyak, a 20-year Morgan Stanley veteran as well as Managing Director and portfolio manager for taxable strategies on Parametric’s fixed income team.Dubbed “The Vince Lombardi of Credit,” Kevin shares lessons from a career spanning crisis-era trading, market structure innovation, and the rise of advisor-led SMAs. The conversation covers:🔹 Kevin’s pioneering work in odd-lot and algorithmic credit trading🔹 The rise of tax-loss harvesting and muni strategies in retail portfolios🔹 How financial advisors think about duration, volatility, and preferreds🔹 Private credit's growth—and whether it resembles pre-2008 leverage risk🔹 AI adoption on the desk and what it means for modern trading workflows🔹 Macro outlook: Fed policy, tariffs, deficits, and where the market may go nextIf you're a trader, advisor, asset allocator, or just someone passionate about where fixed income is heading, this is a conversation you don’t want to miss.🔔 Subscribe for more episodes: insights from leaders shaping the future of bond markets.