Simplify Treasury Option Income ETF is marketed as a cash-plus, ultra-short duration fund but carries significant hidden interest rate risk. BUCK's effective duration is 4.98 years, far above category ...
IGLB offers diversified exposure to long-duration, investment-grade US corporate bonds with attractive yields but heightened interest rate sensitivity and equity-like volatility. A likely Fed rate cut ...
Question: Morningstar analysts often define duration as a "measure of sensitivity to interest rates." What exactly does this mean? Answer: This is a timely question, with the Fed signaling that it ...