In the latest installment of Yahoo Finance’s weekly ETF Report, BlackRock Global Co-Head of Bond ETFs Steve Laipply sits down with Seana Smith and Madison Mills to talk about the ways fixed-income investors can approach the bond market (^TYX, ^TNX, ^FVX) as yields surge over January’s hotter-than-expected Consumer Price Index (CPI) data.
“When you have volatile days like this, you’re really more focused on the coupons you’re clipping rather than the price action. And, so that’s something that we’ve been talking about and we’ve been expecting volatility like this,” Laipply explains, commenting on how markets are still pricing in an interest rate cut from the Federal Reserve.
Laipply outlines several ETFs investors can utilize, including iShares’ Flexible Income Active (BINC), BBB-B CLO Active (BCLO), and AAA CLO Active (CLOA) funds.
To watch more expert insights and analysis on the latest market action, check out more Catalysts here.
This post was written by Luke Carberry Mogan.
Editor’s note: The headline on this post was updated to more accurately reflect Mr. Laipply’s comments.
