Don’t Ignore This Fixed Income Strategy Even as Interest Rates Decline
August 06, 2019 at 12:16 PM EDT
Last week, the Federal Reserve lowered interest rates by 25 basis points and left the door ajar for another rate cut later this year. But even as rates fall, investors may still want to consider rate-hedged fixed income strategies, such as the ProShares Investment Grade—Intr Rt Hdgd ( IGHG B- ).