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FPXE - Rates Spark: And We're Off Or Should Be
April, 07 2021 06:01 AM
First Trust IPOX Europe Equity Opportunities ETF
If you think last Friday's US payrolls report was a one-off, think again. Another increase in excess of 1 million is coming for April. The only mystery is why US market rates have not risen by more. We think they will. The 5-year is now cheap to the curve, finally. As the 5-year continues to cheapen, market rates will rise in tandem. Next, the 10-year to touch 2%? For further details see:
Rates Spark: And We're Off, Or Should Be
Stock Information
Company Name:
First Trust IPOX Europe Equity Opportunities ETF
Stock Symbol:
FPXE
Market:
NASDAQ
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