Previous close | 2.3600 |
Open | 2.3600 |
Bid | 0.4500 |
Ask | 1.3500 |
Strike | 970.00 |
Expiry date | 2024-01-19 |
Day's range | 2.3600 - 2.3600 |
Contract range | N/A |
Volume | |
Open interest | 29 |
BlackRock (NYSE:BLK)'s Chief Investment Officer for global fixed income, Rick Rieder, has expressed his anticipation that the Federal Reserve might soon end its current cycle of interest rate hikes, designed to control inflation. This perspective was shared after the Federal Reserve's decision to pause rate hikes twice this year. Despite maintaining interest rates at a range of 5.25% to 5.5%, the highest since 2001, officials have not ruled out another increase before year-end.
NEW YORK, September 21, 2023--Today, BlackRock expanded its iShares iBonds ETF franchise with the industry’s first TIPS defined maturity bond ETFs. The TIPS iBonds ETF suite consists of 10 funds that invest in U.S. Treasury Inflation-Protected Securities with maturities ranging from 2024 to 2033.
BlackRock (NYSE:BLK), the world's largest asset manager, has announced its plan to launch a series of exchange-traded funds (ETFs) focused on Treasury inflation-protected securities (TIPS). The move, unveiled on Thursday, aims to address growing investor concerns about the impact of inflation on their purchasing power.