Citi advisors recommend investing in short-term bonds in response to Fed rate cuts
As the Federal Reserve cuts interest rates, short-term Treasury bills and other short-term bonds are expected to benefit, as they are closely tied to the federal funds rate. The performance of long-term bonds will depend more on the outlook for inflation and economic growth. Stuart Springer, a senior wealth adviser at Citi Personal Wealth Management, advises investors to choose bonds with shorter, but not too short, maturities.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
cbBTC Market Cap Surpasses $1 Billion, Already Equal to 9.3% of WBTC Supply
Merlin Chain upgrades AA wallet, supporting its platform coin MERL as a GAS token
BTC breaks through 88,000 US dollars