The Fed Just Raised Rates for the First Time Since 2023. These Six Funds Get a Raise With It
USFR, TFLO and other floating-rate funds gained as the Fed’s first hike since 2023 lifted short-term payouts, while AGG’s fixed coupons lagged.
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LEE CARTER: The Fed finally raised rates. The real danger now for the GOP is what happens next
The Federal Reserve raised interest rates for the first time since 2023 as inflation remains elevated. Voters feeling the squeeze on mortgage rates and credit cards may not care.
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BizTocThe Fed Just Raised Rates for the First Time Since 2023. These Six Funds Get a Raise With It
The Fed just moved rates higher for the first time in years, and your core bond fund gave you nothing for it. Six funds are structured to collect a raise every time the Fed acts, and most income investors have never heard of them.
The US central bank has raised rates by 25 basis points to a range of 3.75 to 4 percent. This is the first increase in more than three years. The Fed also indicated that there may be one more step up by the end of the year. Markets initially reacted by falling, but the situation later calmed down as investors appreciated the clear...
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