Inflationary Concerns Send Treasury ETFs Below Long-Term Support
May 06, 2015 at 09:30 AM EDT
Rising inflation expectations have weighed on the Treasuries market, pushing long-term Treasury bond exchange traded funds below a key support level. Over the past month, the iShares 20+ Year Treasury Bond ETF (NYSEArca: TLT) fell 5.9%, PIMCO 25+ Year Zero Coupon US Treasury (NYSEArca: ZROZ)...