Stubborn Inflation Warrants This Variable-Rate ETF
July 28, 2023 at 09:29 AM EDT
Inflation may not be dissipating anytime soon, which may require fixed income investors to seek other avenues of yield aside from bonds. One place to look is the Invesco Variable Rate Preferred ETF (VRP). The U.S. Federal Reserve said it would push rates higher by 25 basis points to reach a key interest rate of 5.5%. [...] The post Stubborn Inflation Warrants This Variable-Rate ETF appeared first on ETF Trends .
