Latest Rate Hike Serves as High Yield Tailwind
March 23, 2023 at 13:28 PM EDT
The latest rate hike from the Federal Reserve is contributing to an environment in which high-yield bond funds have become increasingly attractive to investors. The Fed on Wednesday raised interest rates by 25 basis points. This latest rate hike – the Fed’s ninth over the past year – raises the target range for the federal [...] The post Latest Rate Hike Serves as High Yield Tailwind appeared first on ETF Trends .