Bond ETF Goes Long High-Yield, Short U.S. Treasury
This article was originally published on ETFTrends.com.
The June jobs report released last Friday revealed better-than-forecasted job growth with 213,000 jobs created, 9.23 percent better than the forecasted 195,000, which signals more economic growth that could spark more interest rate hikes–an environment that is rife for a fixed-income ETF like iShares Interest Rate Hdg Hi Yld Bd ETF (NYSEArca: HYGH) to thrive. Per [...]