{"id":2053,"date":"2025-11-01T15:56:09","date_gmt":"2025-11-01T15:56:09","guid":{"rendered":"https:\/\/finzexpert.com\/blog\/bonds-fed-rate-cuts-former-goldman-sachs-etf-head\/"},"modified":"2025-11-01T15:56:09","modified_gmt":"2025-11-01T15:56:09","slug":"bonds-fed-rate-cuts-former-goldman-sachs-etf-head","status":"publish","type":"post","link":"https:\/\/finzexpert.com\/blog\/bonds-fed-rate-cuts-former-goldman-sachs-etf-head\/","title":{"rendered":"Bonds Fed rate cuts former Goldman Sachs ETF head"},"content":{"rendered":"\n<div id=\"SpecialReportArticle-ArticleBody-6\" data-module=\"ArticleBody\" data-test=\"articleBody-2\" data-analytics=\"SpecialReportArticle-articleBody-6-2\"><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"\/><\/p>\n<div role=\"region\" aria-labelledby=\"Placeholder-ArticleBody-Video-108217462\">\n<div role=\"button\" tabindex=\"0\" id=\"Placeholder-ArticleBody-Video-108217462\" class=\"PlaceHolder-wrapper\" data-vilynx-id=\"7000393626\" data-test=\"VideoPlaceHolder\">\n<div class=\"InlineVideo-videoEmbed\" id=\"InlineVideo-0\" data-test=\"InlineVideo\">\n<div class=\"InlineVideo-wrapper\">\n<div class=\"InlineVideo-inlineThumbnailContainer\"><span class=\"InlineVideo-videoButton\"\/><span\/><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"group\">\n<p>Bonds may be more than just a safe haven.<\/p>\n<p>BondBloxx ETFs&#8217; Tony Kelly, a former Goldman Sachs Asset Management global ETF head, contends it&#8217;s where investors can also play offense due to the market backdrop.<\/p>\n<p>&#8220;It&#8217;s definitely getting more nuanced,&#8221; the firm&#8217;s co-founder told CNBC&#8217;s &#8220;ETF Edge&#8221; this week<strong>.\u00a0&#8220;<\/strong>Advisors are being a bit more thoughtful because there is more opportunity in fixed income now that rates are no longer\u2026\u00a0close to zero [percent].&#8221;<\/p>\n<p>The Federal Reserve cut interest rates on Wednesday by a quarter point \u2014 its second move this year. The decision took its benchmark rate down to 3.75%-4%, a level that&#8217;s still far above zero.<\/p>\n<p>Meanwhile, the benchmark <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"SpecialReportArticle-QuoteInBody-4\">10-year Treasury Note yield<span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"\/><\/button><\/span><\/span><\/span> ticked back above 4% following the latest decision. The yield has dropped by almost 2% over the past month and is down about 11% so far this year.<\/p>\n<p>Kelly, whose firm specializes in fixed-income exchange-traded funds, finds bonds are evolving into an active source of diversification, income and tactical opportunity.\u00a0<\/p>\n<p>Kelly highlights emerging market debt as a standout performer.<\/p>\n<p>&#8220;[It&#8217;s] one of the top returning asset classes in the fixed income market this year,&#8221; he noted.<\/p>\n<p>Kelly finds interest is also growing in private credit ETFs, which allow investors to tap into institutional-style yield with daily liquidity.<\/p>\n<p>&#8220;I don&#8217;t know if that is something you would necessarily refer to as plain vanilla, but there is a lot of interest in that subset of the fixed income asset class to be in an ETF wrapper for clients,&#8221; said Kelly. &#8220;We do have a private credit ETF product in the market now. We&#8217;ve got one in registration.&#8221;<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bonds may be more than just a safe haven. BondBloxx ETFs&#8217; Tony Kelly, a former Goldman Sachs Asset Management global ETF head, contends it&#8217;s where investors can also play offense due to the market backdrop. &#8220;It&#8217;s definitely getting more nuanced,&#8221; the firm&#8217;s co-founder told CNBC&#8217;s &#8220;ETF Edge&#8221; this week.\u00a0&#8220;Advisors are being a bit more thoughtful [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2054,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[662,557,440,651,764,721,765],"class_list":["post-2053","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-loan","tag-bonds","tag-cuts","tag-etf","tag-fed","tag-goldman","tag-rate","tag-sachs"],"_links":{"self":[{"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/posts\/2053","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/comments?post=2053"}],"version-history":[{"count":0,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/posts\/2053\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/media\/2054"}],"wp:attachment":[{"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/media?parent=2053"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/categories?post=2053"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/tags?post=2053"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}