The Rivian EDV (Electric Delivery Van) is an upcoming commercial delivery van that soon will be launched by Rivian as part of a massive fleet order from Amazon (placed in 2019). Rivian underlines that ...
Despite a 50 bp Fed rate cut, long-duration US Treasury yields rose as investors kept calibrating their expectations from the Fed and the US economy. EDV ETF remains a solid recession hedge that ...
Long-term interest rates are expected to rise further, leading to a continued decline in bond funds and ETFs like EDV. We set a price target of $64 for EDV, anticipating long-term treasury bond rates ...
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