J Studios
The recent U.S. unemployment rate evidenced by the Bureau of Labor confirms a trend that has been discussed for a long time: U.S. interest rates are not ready to be cut by the Federal Reserve.
I think this could create
Understanding BNDX Through Recent U.S. Economic Updates
Summary
- BNDX, a USD-hedged ETF primarily investing in European bonds, offers a low expense ratio and a 3.06% SEC dividend yield.
- The U.S. unemployment rate and strong economy suggest the Federal Reserve may not cut interest rates soon, impacting global bond markets.
- Diverging U.S. and European monetary policies could boost the DXY and widen the US10Y-EU10Y yield spread.
- Although it currently maintains an advantage for holders over TLH, BNDX’s real yield has remained negative for years.
Financial Serenity is the quantitative research division of Eracol.com, a financial research and analytics company specializing in the asset management sector. Actively managed by Tommaso Scarpellini, a seasoned financial researcher and data analyst with proven experience in banks and financial analytics platforms, Financial Serenity benefits from a robust academic background in wealth management. On Seeking Alpha, we blend the insights gained from in-depth data analysis with actionable opinions and ratings on ETFs and other trending instruments within the asset management space. Our mission is to deliver valuable, data-driven perspectives to help investors make informed decisions in this dynamic market.
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