New Investment Grade Bond ETF Hedges Against Rising Rates
November 06, 2013 at 13:37 PM EST
In anticipation of a rising rate environment, ProShares is expanding its interest rate hedged bond exchange traded fund suite to include an investment grade debt play. ProShares will reportedly launch the ProShares Investment Grade-Interest Rate Hedged ETF (BATS: IGHG) on Thursday, Nov. 7....