Reported 8 months ago
The recent 5% inflation increase in the US was lower than expected, easing inflation pressure. The Federal Reserve's decision to maintain interest rates in the 5.25% to 5.5% range for the 7th consecutive time has led to increased interest in long-term bond ETFs. One particular ETF, '00937B', has seen a significant increase in size this year, attracting over 175,000 new investors. Financial experts attribute the popularity of '00937B' to its components being sustainable and issued by ESG top-rated companies, enhancing dividend capabilities. With expectations of a turnaround in monetary policy, the market interest in long-term bonds has risen, making ETFs a preferred choice for investors seeking stable returns and capital gains' potential.
Source: YAHOO