??? The longer interest rates continue to climb (or at least remain stable), the more I expected this etf to climb.
the way I understand it, the holdings are staggered such that each year about 20% are reset based on current rates.
though central banks are prone to slashing rates to stimulate the market (when deemed necessary), if inflation remains high, they are unlikely to drop, and I like the theory that higher inflation may stick around longer because the pandemic inflation effect masked a more insidious source of inflation: many nations are facing the same demographic labour shortage we see in North America. China, for instance, probably worse than us in coming years. For this reason, wages will likely have to rise as labor supply tightens around the world.
thoughts?