Treasury, Stock ETFs Diverge as ‘QE2’ Winds Down
June 30, 2011 at 13:02 PM EDT
Stock exchange traded funds are on a roll this week as the SPDR S&P 500 ETF (NYSEArca: SPY) tacked on another 1% in Thursday’s rally. Conversely, Treasury ETFs have fallen sharply as traders position for the end of so-called QE2, the second round of the Federal Reserve’s quantitative easing...