The 10-year Treasury yield is back around 4.6%, and it seems the Federal Reserve won’t cut interest rates anytime soon.
That’s a good thing if you’re an income seeker looking for reasonable yields from your portfolio
But it does create some complications around where you find that yield. Given current geopolitical and inflation risks, rates could still head higher, making traditional bonds a potentially poor investment. You don’t necessarily want to reach for any old yield in the equity markets, because those could come with volatility or even the risk of a cut.
Let’s take a little stroll around the passive-income exchange-traded fund (ETF) space to see where the good long-term buy-and-hold opportunities are. These four ETFs might be less familiar or come from asset classes you hadn’t previously considered for your portfolio. But all have an investment case. 1.