Disclosures Past performance is no guarantee of future results. This EFT is not a money market fund and does not seek to maintain a stable net asset value of $1.00 per share.
Given how uncertain advisors and investors are over the Federal Reserve's plans for handling interest rates, the July jobs report was perhaps watched even more closely than normal. That being said, the latest report may not have inspired much confidence.
Advisors and investors of all kinds are used to closely watching the outcome of each of the Federal Reserve's meetings, given how critical interest rates are to equity and fixed income markets alike. However, the recent July Fed meeting was particularly crucial.
It goes without saying at this point that one of the trickier parts of building a fixed income portfolio is figuring out duration positioning. This is doubly true when we sit in a period of macroeconomic uncertainty, like we do right now.
On Monday, June 15, Guggenheim Investments debuted a pair of new fixed income ETFs. Each of these new funds offers an active take on the fixed income space.