Calling on Convertible ETFs Thanks to Federal Reserve

Markets ETF Trends

The Federal Reserve raised interest rates in March and many bond market observers expect at least one more rate hike before the end of this year. More rate hikes could be good news for convertible bonds and exchange traded funds, such as the SPDR Barclays Convertible Securities ETF (NYSEArca: CWB). CWB, which is passively managed,…Click to read more at ETFtrends.com.

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