These Bond ETFs Are Floating Around Rate Hike Risks
May 09, 2022 at 08:55 AM EDT
Even before the Federal Reserve hiked interest rates by 50 basis points last week and set the stage for more moves in the coming months, investors were looking to less rate-sensitive products. In April, the WisdomTree Floating Rate Treasury Fund (USFR) pulled in $1.1 billion of new money, including...