By: ETF Trends
May 31, 2013 at 18:00 PM EDT
May ETF Performance Review: Rate Surge Wipes Out Treasury Funds
The stock markets and exchange traded funds continued to reach new highs over May but began to falter toward the end of the month as investors took the opportunity to take profits. Meanwhile, safe-haven Treasury prices are getting pummeled with yields on benchmark 10-year notes back above 2%. With...
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