As fixed-income comes to grips with a rising interest rate outlook, more investors are turning to short-term bond exchange-traded funds to ride out the storm and generate some extra cash along the way.
Treasury bond yields, which rise when bond prices fall, have steadily increased after Federal Reserve Chairman Jerome Powell fueled fears that the central bank will maintain course on its aggressive interest rate hike outlook, even at the expense of weakening the U.S. economy, to curb record-high inflationary pressures.
These have been among the most popular ETF plays over the past week…
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