BondBloxx Bloomberg One Year Target Duration US Treasury ETF

XONE

Market cap $652M

XONE offers low-cost, short-duration Treasury exposure, making it attractive for those seeking limited duration risk, though there are much more inured bets. Weakening US labor data and rising unemployment amid decreased labour participation increase the likelihood of Fed rate cuts, supporting a positive outlook for XONE. Despite persistent inflation, disinflationary trends and cautious Fed signals suggest a shift toward lower rates is plausible.

WASHINGTON--(BUSINESS WIRE)--US Court approved Anzu Partners affiliate acquired ExOne, leader in digital sand casting, providing financing and stability for operations.

Joanna Gallegos, Bondbloxx ETFs co-founder, and Todd Sohn, Strategas Securities technical strategist, join CNBC's Dom Chu on “ETF Edge” to discuss the recent volatility in bonds funds, the moves in rates, where ETF inflows are headed and opportunities in the market.

Despite the pause in Trump's trade war, ongoing uncertainties about recession risks remain. The Fed is currently expected to cut rates by 50 basis points in 2024, with further cuts possible if recession risks increase. Trade war developments remain a key risk, as lingering tariffs could pressure economic growth, inflation, and employment, influencing Fed policy and bond yields.

Fixed income firm BondBloxx celebrated a new milestone recently, crossing $4 billion in ETF AUM. The firm offers more than 20 fixed income ETFs for investors, led by its largest fund, the BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (XHLF).

Our monthly market valuation updates have long had the same conclusion: US stock indexes are significantly overvalued, which suggests cautious expectations for investment returns. On August 4, 2020, the 10-year Treasury yield hit its all-time low of 0.52%.

The BondBloxx Bloomberg One Year Target Duration US Treasury ETF (XONE) offers a focused approach, targeting 1-year duration U.S. Treasury securities. BondBloxx's prescriptive ETF offerings allow retail investors to build complex trades, like constructing a yield curve with specific duration nodes. XONE is part of BondBloxx's treasury vertical, providing a strategic option for investors in today's market environment.

The BondBloxx Bloomberg One Year Target Duration US Treasury ETF offers a higher yield than CDs with minimal risk and no early withdrawal penalties. XONE invests in U.S. Treasury securities with an average duration of one year, providing a 5.2% forward yield at just 3bps in fees. XONE outperforms similar ETFs in return and stability, making it a safe, liquid option for parking cash.

Our monthly market valuation updates have long had the same conclusion: US stock indexes are significantly overvalued, which suggests cautious expectations for investment returns. On August 4, 2020, the 10-year Treasury yield hit its all-time low of 0.52%.

Our monthly market valuation updates have long had the same conclusion: US stock indexes are significantly overvalued, which suggests cautious expectations for investment returns. On August 4, 2020, the 10-year Treasury yield hit its all-time low of 0.52%.