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September 01, 2020 10:10am
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This ETF Strategy Is Rallying on Increasingly Aggressive Rate Hike Bets

An interest-rate hedging exchange traded fund strategy is leading the charge Monday ahead of the Federal Reserve’s expected series of rate increases beginning this week. Among the better-performing non-leveraged ETFs of Monday, the Simplify Interest Rate Hedge ETF (PFIX) rose 3.2%. Traders...
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