Markets enjoyed another session in green territory as investors welcomed the latest employment data with cheer. Weekly jobless claims came in better than expected, helping to bolster confidence levels ahead of today’s monthly employment report; this figure showed that 367,000 people filed for unemployment benefits versus the expected 370,000. Overseas, the ECB kept optimism alive by extending its low-rate policy and keeping the benchmark rate steady at 0.75% [see also How Warren Buffett Could End The Deficit in 5 Minutes]. Investors will shift their focus back on the homefront today as September’s employment data hits the street. As such, our ETF to watch is the iShares Barclays 20 Year Treasury Bond Fund (TLT, A-), which may experience volatile trading depending on how investors digest the latest insights into the health of the domestic labor market. Analysts are expecting for 110,000 nonfarm payrolls along with an uptick in the unemployment rate to 8.2% [see our Better-Than-AGG Total Bond [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Insider: Technicals Favor Stocks Daily ETF Roundup: Markets Slump As QE3 Euphoria Fades ETF Insider: QE3 Is Here, What Do We Wait For Next? ETF Insider: Pressure On Fed To Follow Wednesday’s ETF Chart To Watch: Barclays 20 Year Treasury Bond Fund (TLT)
Markets enjoyed another session in green territory as investors welcomed the latest employment data with cheer. Weekly jobless claims came in better than expected, helping to bolster confidence levels ahead of today’s monthly employment report; this figure showed that 367,000 people filed for unemployment benefits versus the expected 370,000. Overseas, the ECB kept optimism alive by extending its low-rate policy and keeping the benchmark rate steady at 0.75% [see also How Warren Buffett Could End The Deficit in 5 Minutes]. Investors will shift their focus back on the homefront today as September’s employment data hits the street. As such, our ETF to watch is the iShares Barclays 20 Year Treasury Bond Fund (TLT, A-), which may experience volatile trading depending on how investors digest the latest insights into the health of the domestic labor market. Analysts are expecting for 110,000 nonfarm payrolls along with an uptick in the unemployment rate to 8.2% [see our Better-Than-AGG Total Bond [...]
Click here to read the original article on ETFdb.com.
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