The July CPI report shows inflation edges higher, interrupting a year-long steak of waning price increases. Although prices have steadily eased over the past year, the Fed officials still seem divided on whether to raise interest rates in September or hold them steady.
Amid an uncertain macroeconomic backdrop, best-performing intermediate-term bond ETFs First Trust Low Duration Opportunities ETF (LMBS), iShares Core 1-5 Year USD Bond ETF (ISTB), and iShares Intermediate Government/Credit Bond ETF (GVI) could be ideal additions to your portfolio for instant diversification and stable returns.
