Simplify Treasury Option Income ETF is marketed as a cash-plus, ultra-short duration fund but carries significant hidden interest rate risk. BUCK's effective duration is 4.98 years, far above category ...

Question: Morningstar analysts often define duration as a "measure of sensitivity to interest rates." What exactly does this mean? Answer: This is a timely question, with the Fed signaling that it ...

Sustained core inflation suggests an interest rate pivot isn't a given. However, we think the probability of a mid-to-late 2024 pivot remains high. As such, we believe the Janus Henderson AAA CLO ...

Average effective duration is a measure of a portfolio's interest rate sensitivity. The longer the fund's duration, the more sensitive it is to shifts in interest rates. Duration is formula that ...