Bond ETFs Strengthen on Easing Inflation Fears
July 30, 2021 at 13:58 PM EDT
Fixed-income exchange traded funds gained Friday as bond yields dipped on easing inflationary pressures. The personal consumption expenditures index, which the Federal Reserve looks at to gauge inflation, rose 3.5% in June year-over-year, or slightly below economists’ expectations of 3.6%,...
