Foreign Bond ETFs: Considering Dollar Devaluation and Maximizing Your Income Stream
When State Street introduced the first foreign bond ETF nearly 2 years ago, I was ecstatic. The SPDR Barclay International Treasury Bond Fund (BWX) offered an annual income stream above 4.25%, a natural hedge against the U.S. dollar, potential for some capital appreciation and a history of non-correlation to stock assets. Today, BWX produces an income stream [...] [...more]
