IGLB: Trump Solidifies Our Negative Outlook On Rates
Portfolio Pulse from
The article discusses the negative outlook on interest rates due to Trump's policies, which could lead to inflation and affect long-duration bonds like IGLB. Credit spreads are at historical lows, offering no value angle.
November 18, 2024 | 10:45 am
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NEGATIVE IMPACT
IGLB, a long-duration bond ETF, is negatively impacted by potential rate increases and inflation due to Trump's policies. Credit spreads offer no value as they are at historical lows.
IGLB is sensitive to interest rate changes due to its long duration. Trump's policies could lead to inflation, which would negatively impact IGLB. Additionally, with credit spreads at historical lows, there is no value angle to offset these risks.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90