If the Fed Cuts Rates, This ETF Could Explode Higher
A Vanguard ETF holding zero-coupon Treasury STRIPS with 24 years of duration sits at the center of one of the sharpest rate bets available without margin, and the Fed's next move could either vindicate years of patience or deliver another gut punch to holders already down nearly half their principal.
A Vanguard ETF holding zero-coupon Treasury STRIPS with 24 years of duration sits at the center of one of the sharpest rate bets available without margin, and the Fed's next move could either vindicate years of patience or deliver another gut punch to holders already down nearly half their principal.
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