As Companies Offload Debt, Consider Corporate Bonds
The higher-for-longer interest rate narrative continues to play out as the U.S. Federal Reserve opted to once again keep rates unchanged. Rather than wait for interest rate cuts, some companies are opting to simply offload debt, which could be a boon for corporate bonds. Jettisoning debt now, especially debt accumulated with high rates, can help [...]
The post As Companies Offload Debt, Consider Corporate Bonds appeared first on ETF Trends.
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