Short-Term Bond ETFs Are Still Fashionable

Last year's rate cuts remain a dominant influence on advisor and fixed-income investor positioning, driving attention to intermediate-term and longer-dated bonds and related ETFs. Expect modest reallocation toward duration exposure that could increase flows and support prices in intermediate and long-duration bond funds.

Analysis

Last year's rate cuts remain a dominant influence on advisor and fixed-income investor positioning, driving attention to intermediate-term and longer-dated bonds and related ETFs. Expect modest reallocation toward duration exposure that could increase flows and support prices in intermediate and long-duration bond funds.