More Than Meets the Eye With Floating Rate Notes
March 01, 2024 at 11:48 AM EST
Broadly speaking, fixed income market observers believe the Fed will, at some point this year, lower interest rates. Perhaps even multiple times. Assuming the central bank makes good on that front, it can be inferred that the most rate-sensitive bonds will benefit. However, declining Treasury yields don’t necessarily diminish the case for less rate-sensitive bonds, [...] The post More Than Meets the Eye With Floating Rate Notes appeared first on ETF Trends .