Reported 12 months ago
Market anticipation of a Federal Reserve rate cut in September 2024 has driven investors to buy into bond ETFs, with 19 bond ETFs attracting over 1.65 million beneficiaries. The slowing US economic data and cooling inflation figures have led to the Fed keeping interest rates steady, fueling expectations of a rate cut in September and making investment-grade bonds an attractive option. Long-term corporate bond ETFs remain popular, especially with the potential for future rate cuts.
Source: YAHOO