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Why BlackRock says investors should gravitate towards medium-term fixed income ETFs with Fed’s rate path uncertain

U.S. investors in exchange-traded funds may want to consider stepping into medium-term fixed income which could provide “attractive carry” and act as a “buffer” against the volatile returns in the U.S. equity market, said Gargi Chaudhuri, BlackRock’s head of iShares investment strategy for the Americas.
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