Are higher interest rates just a phase, or are we officially in our "higher for longer" era? In this episode of Alternative Investments Chat, Erin and Erica tackle the question of living rent-free in every investor's head. A couple of years ago, everyone thought rising rates were a quick detour, but today there’s a plot twist: borrowing is still expensive.

We'll start with cash and T-bills, actually earning real yield again. Then we'll explain what a T-bill ladder is and why it's an emotionally supportive financial strategy.

Once investors earn 4-5% in T-bills, the next thought is inevitable: "Can I get more?" That's where private credit comes in. We break down SOFR, floating-rate loans, and why private credit is having a major moment. We'll also tackle defaults and what “shadow defaults” look like for organizations and pri ...