ETFs for rising rate environment
(6 min read)
The Fed has raised rates again and the hikes will not stop any time soon as their previous anticipated peak rate just got higher. As rates continue to go up, it can hurt a number of sectors like utilities, real estate, or telecom. However, there are sectors and asset classes that are poised to benefit in a rising rate environment. According to Zacks Investment Research, they are banking, insurance, value, short duration and floating rate bonds. This article highlighted an ETF for each of the categories and how it would react to high interest rates.