Citi advisors recommend investing in short-term bonds in response to Fed rate cuts
As the Federal Reserve cuts interest rates, short-term Treasury bills and other short-term bonds are expected to benefit, as they are closely tied to the federal funds rate. The performance of long-term bonds will depend more on the outlook for inflation and economic growth. Stuart Springer, a senior wealth adviser at Citi Personal Wealth Management, advises investors to choose bonds with shorter, but not too short, maturities.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Goldman Sachs: A rate cut by the Federal Reserve at the upcoming December meeting is almost a foregone conclusion
Data: In the past 24 hours, CEX saw a net outflow of 19,541.03 BTC
The altcoin season index remains at a low level, currently at 22.