Softening Labor Market Could Push Treasury ETFs Higher
May 10, 2024 at 08:00 AM EDT
A softening labor market could be what the Federal Reserve needs to finally cut interest rates. In turn, that could push Treasury ETFs higher. The data-dependent Fed kept rates unchanged most recently, citing that it needs further confirmation that the economy is cooling. Slower job growth during April could be an early sign that the [...] The post Softening Labor Market Could Push Treasury ETFs Higher appeared first on ETF Trends .
