Short-term, Money Market Bond ETFs Reveal Rising Rate Expectations

Yields on ultra-short-term debt and bond-related exchange traded funds are rising, revealing increased expectations of a Federal Reserve rate hike. For example, the PIMCO Enhanced Short Maturity ETF (NYSEArca: MINT) has a 0.62% 30-day SEC yield and a 0.45 year duration. The Guggenheim Enhanced...
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