December 22, 2024

High-yield bond ETF rallies after Fed rate cut as ‘free ride’ in cash ends

 High-yield bond ETF rallies after Fed rate cut as ‘free ride’ in cash ends

High-yield bond ETF rallies after Fed rate cut as ‘free ride’ in cash ends

Investors are mulling strategies beyond cash on expectations that interest rates will continue to fall after the Fed’s big rate cut.