By: ETF Trends
August 01, 2013 at 14:27 PM EDT
Treasury ETFs Soften on Lower Jobless Claims, Stock Rally
Despite the Fed’s determination to stick with its easing program, Treasury bond exchange traded funds weakened as rates spiked and investors turned to the “risk-on” trade. The iShares Barclays 20+ Year Treasury Bond ETF (NYSEArca: TLT) fell 2.0% Thursday. TLT has declined 9.9%...
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