A Duration-Trimming ETF Idea
June 08, 2015 at 10:00 AM EDT
On the back of May’s ebullient jobs data released last Friday, 10-year Treasury yields surged 4.1% to 2.4%. Yields on those government bonds surged nearly 13% last week as traders upped bets the Federal Reserve will raise interest rates this year. Fed funds futures show a 53% chance of that...