USFR Bond ETF is Still Useful Even as the Fed Takes a Softer Stance
July 09, 2019 at 11:22 AM EDT
While the Federal Reserve could be readying to lower interest rates later this year, the utility of floating rate notes (FRNs) and exchange traded funds, such as the WisdomTree Bloomberg Floating Rate Treasury Fund (NYSEArca: USFR) remain in place. USFR, which debuted in February 2014, follows the...
