Sonal Desai, Ph.D. is Executive Vice President and Chief Investment Officer of the Franklin Templeton Fixed Income Group. In this role, Dr. Desai oversees Franklin's Municipal, Corporate Credit, Floating Rate Securitized, Multisector, Global (including Emerging Markets), Money Market, and Local Asset Management Fixed Income teams, and co-chairs the Group's Fixed Income Policy Committee. She is a member of Franklin Resources' Executive Committee, a small group of the company's top leaders responsible for shaping the firm's overall strategy. In addition, she serves on the firm's Management and
The inversion of the Treasury yield curve has recently gotten a lot of attention in the financial press as being a harbinger of economic malaise ahead. Franklin Templeton Fixed Income CIO Sonal Desai says these conclusions are misguided.