Treasury ETFs Hit Multiyear Lows as Benchmark Yield Nears 3%

U.S. government bonds were down again Thursday as yields on the benchmark 10-year note almost touched 3% and intermediate-term Treasury ETFs fell to new multiyear lows. For example, iShares 3-7 Year Treasury Bond ETF (NYSEArca: IEI) and iShares 7-10 Year Treasury Bond ETF (NYSEArca: IEF) are...