|Bid||123.07 x 100|
|Ask||123.25 x 400|
|Day's Range||122.54 - 123.26|
|52 Week Range||116.49 - 143.62|
|PE Ratio (TTM)||5.21|
|Expense Ratio (net)||0.15%|
John Higgins, chief markets economist, writes: BoAML’s MOVE index – which is a weighted average of the expected volatility of 2, 5, 10 and 30-year Treasury yields – has dropped to 55, which is not far above its record low of about 49 and well below its average of 97. Thus, Capital Economics finds: The upshot is that volatility in the Treasury market is only likely to rise sharply if there is a sudden and substantial change in yields – in either direction – that results from a development that investors have not anticipated.
The US Dollar Index pulled back from the lowest levels in more than seven months. The US Dollar Index is slightly weaker in early hours on May 24.
Trading ranges remain in play for the 'flight to safety' exchange-traded funds for U.S. Treasury bonds, gold bullion, and dividend-rich utilities stocks.