---
title: Intrepid Capital & Hunter Hayes Featured in Bloomberg
description: In what many are calling “a big moment for the economy,” the Fed cut rates today for the first time in four years. Read our insights in Bloomberg.
image: https://blog.intrepidcapitalfunds.com/hubfs/AdobeStock_489388377.jpeg
---

[![Intrepid Capital](https://blog.intrepidcapitalfunds.com/hubfs/raw_assets/public/Intrepid_Capital_Funds_July2023/images/intrepid.svg "Intrepid Capital")](https://intrepidcapitalfunds.com/)

Search for:

Search for:

![Intrepid Capital & Hunter Hayes Featured in Bloomberg](https://blog.intrepidcapitalfunds.com/hubfs/AdobeStock_489388377.jpeg)

# Intrepid Capital & Hunter Hayes Featured in Bloomberg

In what many are calling “a big moment for the economy,” the Fed cut rates yesterday for the first time in four years.

What’s the half-point cut mean for high-yield investors? This rally pretty much sums it up.

While we welcome this shift in monetary policy, our approach remains the same: rigorous, in-depth credit analysis on every opportunity that crosses our radar.

Our Chief Investment Officer & Portfolio Manager, Hunter Hayes, had the chance to share some thoughts on this in two different articles with Bloomberg.

Read Hunter's insights below:

[Junk Bond Investors Are Getting Ahead of ‘Rate Cutting Party’ >>](https://www.bloomberg.com/news/articles/2024-09-18/junk-bond-investors-are-getting-ahead-of-rate-cutting-party)

[Fed Cut is a Positive for Credit, Market Participants Say >>](https://www.bloomberg.com/news/articles/2024-09-18/fed-cut-is-a-positive-for-credit-market-participants-say)

 

| Curious to learn more about Intrepid Capital’s underwriting process? [In this interview](https://info.intrepidcapitalfunds.com/roundtable-rigor), Hunter Hayes, Matt Parker, and Joe Van Cavage pull back the curtain on their highly engaged approach to identifying and analyzing risk. [![Intrepid Playing the Devils Advocate](https://blog.intrepidcapitalfunds.com/hs-fs/hubfs/2024.Q1-Intrepid-Devils-Advocate-Email-CTA-3.jpg?width=697&height=364&name=2024.Q1-Intrepid-Devils-Advocate-Email-CTA-3.jpg)](https://info.intrepidcapitalfunds.com/roundtable-rigor) ## [Stream the Interview Now!](https://info.intrepidcapitalfunds.com/roundtable-rigor) |
| --- |

Past performance is not a guarantee of future results.

Mutual fund investing involves risk. Principal loss is possible.

*The Funds’ investment objectives, risks, charges and expenses must be considered carefully before investing. The [prospectus](https://intrepidcapitalfunds.com/resources/fund-documents/) contains this and other important information about the investment company. Please read it carefully before investing. A hard copy of the prospectus can be requested by calling 866-996-FUND (3863).*

Interest Rate Risk: When interest rates rise, the value of previously-issued bonds and other debt securities decreases.  An increase in interest rates typically causes a decline in the value of the debt securities in which the Fund may invest. 

A basis point is a standard measure for interest rates and other percentages in finance. One basis point equals one-hundredth of a percentage point.

The value of your investment in the Fund may change in response to changes in the credit ratings of the Fund’s portfolio of debt securities.   

The risk of investing in bonds and debt securities whose issuers may not be able to make interest and principal payments. 

The risk of loss on investments in high yield securities or “junk bonds.” These securities are rated below investment grade, are usually less liquid, have greater credit risk than investment grade debt securities, and their market values tend to be volatile.

Intrepid Capital Management Funds are distributed by Quasar Distributors, LLC.

---

#### Share:

- [Follow us on Twitter ](https://twitter.com/intent/tweet?url=https://blog.intrepidcapitalfunds.com/advisor-insights/intrepid-capital-hunter-hayes-featured-in-bloomberg&text=Intrepid%20Capital%20&%20Hunter%20Hayes%20Featured%20in%20Bloomberg)
- [Follow us on Linkedin ](http://www.linkedin.com/shareArticle?mini=true&url=https://blog.intrepidcapitalfunds.com/advisor-insights/intrepid-capital-hunter-hayes-featured-in-bloomberg)
- [Follow us on Mail ](mailto:?subject=Intrepid%20Capital%20&%20Hunter%20Hayes%20Featured%20in%20Bloomberg%20&%20body=https://blog.intrepidcapitalfunds.com/advisor-insights/intrepid-capital-hunter-hayes-featured-in-bloomberg)

---

[#### Intrepid Capital Featured in Barron's

##### Previous Post

](https://blog.intrepidcapitalfunds.com/advisor-insights/intrepid-capital-featured-in-barrons)

[#### The Credit Investor’s Mailbag

##### Next Post

](https://blog.intrepidcapitalfunds.com/advisor-insights/the-credit-investors-mailbag)

This is a search field with an auto-suggest feature attached.

- There are no suggestions because the search field is empty.

### Category

- [ThinkAdvisor (9)](https://blog.intrepidcapitalfunds.com/advisor-insights/tag/thinkadvisor)
- [News (5)](https://blog.intrepidcapitalfunds.com/advisor-insights/tag/news)
- [Fixed Income (3)](https://blog.intrepidcapitalfunds.com/advisor-insights/tag/fixed-income)
- [Short Duration (3)](https://blog.intrepidcapitalfunds.com/advisor-insights/tag/short-duration)
- [Bonds (2)](https://blog.intrepidcapitalfunds.com/advisor-insights/tag/bonds)

### Popular Posts

02/22/2024

[ Demystifying Non-Rated Bonds ](https://blog.intrepidcapitalfunds.com/advisor-insights/demystifying-non-rated-bonds)

10/30/2023

[ Meet the Team: Hunter Hayes ](https://blog.intrepidcapitalfunds.com/advisor-insights/hunter-hayes)

07/24/2025

[ Intrepid Income Fund (ICMUX) Surpasses $1 Billion in Assets Under Management ](https://blog.intrepidcapitalfunds.com/advisor-insights/intrepid-income-fund-icmux-surpasses-1-billion-in-assets-under-management)

06/25/2024

[ Preferred Stocks: Potential Hidden Yield Gems ](https://blog.intrepidcapitalfunds.com/advisor-insights/preferred-stocks-potential-hidden-yield-gems)

---

## Related Posts

It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout.

<https://blog.intrepidcapitalfunds.com/advisor-insights/intrepid-income-fund-icmux-wins-2026-lseg-lipper-fund-awards-for-5-and-10-year-performance>

[ News](https://blog.intrepidcapitalfunds.com/advisor-insights/tag/news)

[ Intrepid Capital ](https://blog.intrepidcapitalfunds.com/advisor-insights/author/intrepid-capital) 14 May, 2026

#### [Intrepid Income Fund (ICMUX) Wins 2026 LSEG Lipper Fund Awards for 5- and 10-Year Performance](https://blog.intrepidcapitalfunds.com/advisor-insights/intrepid-income-fund-icmux-wins-2026-lseg-lipper-fund-awards-for-5-and-10-year-performance)

Fund recognized as Best Short High Yield Fund in the United States

[Read More](https://blog.intrepidcapitalfunds.com/advisor-insights/intrepid-income-fund-icmux-wins-2026-lseg-lipper-fund-awards-for-5-and-10-year-performance)

<https://blog.intrepidcapitalfunds.com/advisor-insights/intrepid-income-fund-icmux-surpasses-1-billion-in-assets-under-management>

[ News](https://blog.intrepidcapitalfunds.com/advisor-insights/tag/news)

[ Intrepid Capital ](https://blog.intrepidcapitalfunds.com/advisor-insights/author/intrepid-capital) 24 July, 2025

#### [Intrepid Income Fund (ICMUX) Surpasses $1 Billion in Assets Under Management](https://blog.intrepidcapitalfunds.com/advisor-insights/intrepid-income-fund-icmux-surpasses-1-billion-in-assets-under-management)

JACKSONVILLE BEACH, FL — July 24, 2025— The Intrepid Income Fund (ICMUX) has officially surpassed

[Read More](https://blog.intrepidcapitalfunds.com/advisor-insights/intrepid-income-fund-icmux-surpasses-1-billion-in-assets-under-management)

Mutual fund investing involves risk. Principal loss is possible.   
 The Funds’ investment objectives, risks, charges and expenses must be considered carefully before investing. The [prospectus](https://intrepidcapitalfunds.com/resources/fund-documents/) contains this and other important information about the investment company. Please read it carefully before investing. A hard copy of the prospectus can be requested by calling 866-996-FUND (3863).   
 Intrepid Capital Management Funds are distributed by Quasar Distributors, LLC.

```json
{
  "@context" : "https://schema.org",
  "@type" : "BlogPosting",
  "author" : {
    "@type" : "Person",
    "name" : "Intrepid Capital",
    "url" : "https://blog.intrepidcapitalfunds.com/advisor-insights/author/intrepid-capital"
  },
  "dateModified" : "2026-05-07T17:07:53.460Z",
  "datePublished" : "2024-09-19T15:48:03.000Z",
  "headline" : "Intrepid Capital & Hunter Hayes Featured in Bloomberg",
  "image" : [ "https://blog.intrepidcapitalfunds.com/hubfs/AdobeStock_489388377.jpeg" ],
  "mainEntityOfPage" : {
    "@id" : "https://blog.intrepidcapitalfunds.com/advisor-insights/intrepid-capital-hunter-hayes-featured-in-bloomberg",
    "@type" : "WebPage"
  },
  "publisher" : {
    "@type" : "Organization",
    "logo" : {
      "@type" : "ImageObject",
      "url" : "https://blog.intrepidcapitalfunds.com/hubfs/Logos/Intrepid-Capital-Logo.png"
    }
  }
}
```