Exchange-traded funds that focus on bonds were falling Tuesday as Federal Reserve officials gather for a two-day meeting that will conclude Wednesday with a...
Exchange-traded funds that focus on bonds were falling Tuesday as Federal Reserve officials gather for a two-day meeting that will conclude Wednesday with a widely anticipated announcement on its interest rate policy.
Shares... Exchange-traded funds that focus on bonds were falling Tuesday as Federal Reserve officials gather for a two-day meeting that will conclude Wednesday with a widely anticipated announcement on its interest rate policy. Shares of the iShares 20+ Year Treasury Bond ETF TLT were down around 0.7%, while the iShares iBoxx $ Investment Grade Corporate Bond ETF LQD fell about 0.8% and the iShares Boxx $ High Yield Corporate Bond ETF HYG dropped 0.7%, according to FactSet data, at last check.
The yield on the 10-year Treasury note TMUBMUSD10Y was up around 7 basis points at 3.55% Tuesday afternoon, FactSet data show, at last check. That’s after climbing Monday to its highest yield since April 12, 2011 based on 3 p.m. Eastern time levels, according to Dow Jones Market Data.Meanwhile, shares of iShares Core U.S. Aggregate Bond ETF AGG were down 0.4% Tuesday afternoon, while the iShares 7-10 Year Treasury Bond ETF IEF also fell 0.
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