This ETF Strategy Is Rallying on Increasingly Aggressive Rate Hike Bets
May 02, 2022 at 18:16 PM EDT
An interest-rate hedging exchange traded fund strategy is leading the charge Monday ahead of the Federal Reserve’s expected series of rate increases beginning this week. Among the better-performing non-leveraged ETFs of Monday, the Simplify Interest Rate Hedge ETF (PFIX) rose 3.2%. Traders...