Rising Inflation Expectations Lower Treasury Bond ETFs’ Appeal
December 01, 2016 at 15:51 PM EST
Treasury bond exchange traded funds continued to deteriorate, with yields on benchmark 10-year Treasury notes hitting a 17-month high Thursday, as crude oil prices continued to strengthen, fueling inflation expectations. The iShares 20+ Year Treasury Bond ETF (NYSEArca: TLT) dropped 1.0% and...