Short-Term Debt ETFs Weakening Ahead of Rising Rate Expectations
June 23, 2014 at 15:01 PM EDT
Short-term Treasury bond exchange traded funds have been weakening and dipped below their short-term trendline this month, with yields on 2-year Treasury notes rising to their highest in three years. Over the past month, the iShares 1-3 Year Treasury Bond ETF (NYSEArca: SHY), Schwab Short-Term U.S....