Investors should consider Bond ETFs before Fed cuts: BondBloxx COO
From CNBC: 2024-04-04 19:00:01
Investors are advised to stick with fixed income investments despite potential interest rate cuts by the Federal Reserve. BondBloxx co-founder says rushing back into equities could be a mistake. The 10-year U.S. Treasury note yield is near 4.31%, reaccelerating from a peak of 5% in 2023. Expert suggests investing in intermediate bond ETFs for effective interest rate volatility management. Morgan Stanley Investment Management recommends medium-term strategies like the EVTR ETF for income generation. Municipal bond funds like the EVSM ETF offer attractive yields in the current environment.
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