Treasury ETFs Soften on Lower Jobless Claims, Stock Rally
August 01, 2013 at 14:27 PM EDT
Despite the Fed’s determination to stick with its easing program, Treasury bond exchange traded funds weakened as rates spiked and investors turned to the “risk-on” trade. The iShares Barclays 20+ Year Treasury Bond ETF (NYSEArca: TLT) fell 2.0% Thursday. TLT has declined 9.9%...