|Bid||104.00 x 4000|
|Ask||105.22 x 1300|
|Day's Range||104.52 - 104.77|
|52 Week Range||104.19 - 109.75|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||1.00|
|Expense Ratio (net)||0.04%|
U.S. government debt yields rose across the board Monday, rekindling fears higher borrowing costs would slow the economy. The uptick in Treasury yields Monday came nearly a week after the rate on the benchmark 10-year Treasury note topped its highest level since 2011 above 3.26 percent. Rates retreated later last week as investors sought the relative safety of the government debt market, bidding up bond prices and sending yields lower from their highs.
The biggest bond-related ETF experienced a record one-day withdrawal after the global fixed-income market witnessed a swift plunge in response to the Treasury bond retreat. The iShares Core US Aggregate Bond ETF (AGG), which tracks the investment results found in the Bloomberg Barclays U.S. Aggregate Bond Index, recorded a record daily outflow of almost $2 billion on Tuesday, its largest one-day redemption since the ETF began trading in 2003, the Financial Times reports. The bond market has been on the retreat ever since Treasuries sold off on expectations o further rate hikes as strong economic data supported a tighter Federal Reserve monetary outlook.
The Dow Jones Industrial Average Index (DIA) tumbled more than 800 points yesterday as Treasury yields (TLT) (AGG) continued their upward march. Rising bond yields and signs of firming inflation have spooked investors. Investors worry that because the era of near-zero rates has ended, companies’ margins might get squeezed.
Jeffrey Gundlach, CEO of DoubleLine Capital, said yesterday that US Treasury yields (TLT) are likely to rise further. During an interview with CNN, he said, “The US 10-Year yield could climb to 3.5% and the 30-Year rate could hit 4%.”
The bond index anchoring trillions of dollars in fixed-income markets is on track to log its second-worst showing over the history of the benchmark’s existence.
Treasury and investment-grade bond funds have broken down to multi-year lows following the Federal Reserve's eighth rate hike since December 2015, dropping them into long-term bear markets. Rising yields will now compete with equities and other asset classes for investor capital, waving red flags for the stock market's multi-year uptrend.
The US jobs report for September was released on October 5. While the jobs report was mixed, there were enough signs that the labor market was tightening, which would eventually lead to wage growth gains.
The debate over active vs passive investing is as old as investing itself. Should you invest in actively-managed funds or should you buy index funds? The active vs passive investing debate often centers around the history of performance when comparing actively-managed funds with passively-managed funds.
The iShares Core U.S. Aggregate Bond ETF (NYSE: AGG), the largest U.S.-listed fixed income exchange traded fund, reached its 15th birthday Sept. 22, making it an appropriate time to examine the bond ETF boom. When AGG debuted, a scant number of bond ETFs were on the market. Various data points indicate the growth of bond ETFs will continue.
The iShares Core US Aggregate Bond ETF (AGG) tracks the investment results found in the Bloomberg Barclays U.S. Aggregate Bond Index, which can give fixed income investors broad exposure to the bond markets. However, there are times when higher yields can be extrapolated from looking at options like the SPDR Blmbg BarclaysST HY Bd ETF (SJNK), which has been outdueling the AGG on a year-to-date basis. SJNK has returned 3.12% year-to-date, 4.09% the past year and 5.53% the last three years, while AGG is down 1.11% YTD. Additionally, AGG is down 1.26% within the past year, but up 1.70% in the last three years--a case that deconstructing the AGG to corner specific areas of the bond market, high-yield in this particular case, could be more profitable.
In the context of portfolio construction, the best thing about bonds is that they are not stocks. All these attributes lend themselves to bonds being less than perfectly correlated with stocks, making them good diversifiers of equity risk. As stocks continue to chug along and interest rates have lifted off from their recent lows and could climb higher still, now is a good time to revisit bonds' role in a diversified portfolio.
The Nasdaq Composite shed 1.43% at Monday's closing bell, thanks to investors fretting over the additional tariffs U.S. President Donald Trump is set to impose on $200 billion of Chinese goods. Apple lost 2.7% on potential issues looming as the trade war escalation between the U.S. and China could negatively impact computer parts. While the trade wars continue to move and shake the U.S. capital markets, it hasn't deterred investors from deploying capital into exchange-traded funds (ETFs)--$167.9 billion worth of inflows.
Rising interest rates have presented a challenge for passively-managed funds, which may exclude a significant portion of the investable debt market that could offer investors more diversification if they allocated capital into an actively-managed fund. For example, rising interest rates can hurt fixed-income investors who have capital allocated to debt with fixed rates that don't move with short-term rate adjustments made by the Federal Reserve. With no signs of slowing, it appears that a steady diet of rising rates is in order, according to Boston Federal Reserve President Eric Rosengren.
American business magnate and value investing guru Warren Buffett turned 88 today, reminding us in an interview with CNBC that the more things change, the more things stay the same--especially with respect to his distaste for bonds. Backed by the S&P 500 in the midst of the longest bull market recorded, the "Oracle of Omaha" was quick to heap praise on U.S. equities over debt issues. "If you had your choice between buying and holding a 30-year bond for 30 years or a basket of American stocks, there's no question you're going to do better holding stocks," said Buffett.
In the wake of an escalating trade war between the U.S. and China, ETF investors turned risk-off and fled toward the relative safety of fixed-income assets. In light of the heightened tariff concerns, ...
The iShares Core US Aggregate Bond ETF (AGG) tracks the investment results found in the Bloomberg Barclays U.S. Aggregate Bond Index, which can give fixed income investors broad exposure to the bond markets. Companies like WisdomTree Investments offer exchange-traded funds that capitalize on the strategy of deconstructing the AGG, which pertains to an investment strategy that corners a specific portion of the bond market sectors–government debt via Treasuries, agencies, credit, mortgage-backed securities (MBS), commercial mortgage-backed securities (CMBS), and asset-backed securities (ABS).
Live from the floor of the New York Stock Exchange, Yahoo Finance's Jared Blikre joins Seana Smith to discuss the latest market moves.
Live from the floor of the New York Stock Exchange, Yahoo Finance's Jared Blikre joins Alexis Christoforous to discuss the latest market moves.
Live from the floor of the New York Stock Exchange, Yahoo Finance's Jared Blikre joins Seana Smith to discuss the latest market moves. Here's the performance of select ETFs as of 1:00 pm EDT: DUST(HB) Direxion Dly Gold Miners 3X BR 4.59% JDST(HB) DX Jr Gold Miners Bear 3x 3.04% TQQQ ProShs UltraPro QQQ 1.69% DWT(HB) VelShs 3x Invrs Crude Oil ETNs 1.54% XRT SPDR S&P Retail 1.34% FXI iShs China Large-Cap ETF 1.18% QLD(HB) ProShs Ultra QQQ Trust 1.16% IBB iShs Nasdaq BioTech ETF 1.02% EWZ iShs MSCI Brazil ETF 0.94% FAZ(HB) Finl Bear 3x Shs 0.97% SPXL(HB) Dir Dly S&P 500 Bull 3x Shs 0.86% XLV S&P Sel Health Care Spdr Fd 0.83% UPRO(HB) ProShs UltraPro S&P 500 0.82% EWH iShs MSCI Hong Kong ETF 0.79% EEM iShs MSCI Emerg Mkt ETF 0.71% XLY S&P Sel Consum Discretion'y Sp 0.66% IEMG iShs Core MSCI Emrg Mrkts 0.65% EWJ(HB) iShs MSCI Japan ETF 0.65% SVXY(HB) ProShs Short VIX Short-Term 0.63% XLP S&P Sel Consum Staples Spdr Fu 0.63% QQQ Invesco QQQ Trust Series 1 0.58% SSO(HB) ProShs Ultra S&P 500 0.50% EMB iShs JPM USD Emerg Mkt Bd ETF 0.49% EFA iShs MSCI EAFE ETF 0.41% IEFA iShs Core MSCI EAFE ETF 0.34% FEZ SPDR Idx DJ Euro STOXX 50 0.32% XLI S&P Sel Industrial Spdr Fd 0.31% SPY SPDR S&P 500 ETF 0.28% DIA SPDR DJ Industrial Average ETF 0.27% XLK S&P Sel Tech Spdr Fd 0.24% TLT iShs 20+ Yr Treasury Bd ETF 0.19% LQD iShs iBoxx $ Inv Gd Cor Bd ETF 0.19% EZU iShs MSCI Eurozone ETF 0.16% TZA(HB) SmCap Bear 3x Shs 0.12% HYG iShs iBoxx $ Hgh Yd Cor Bd ETF 0.11% XBI SPDR S&P Biotech 0.10% AGG iShs CORE US Agg Bond ETF 0.09% JNK SPDR BB Barclays HiYld Bd 0.04% VEA Vanguard FTSE Dvlpd Mrkts ETF 0.01% SMH(HB) VanEck Vctrs Semiconductor ETF -0.06% EWG iShs MSCI Germany ETF -0.07% TNA(HB) DX SmCap Bull 3x Shs -0.15% XLU S&P Sel Utilities Spdr Fd -0.10% XLE S&P Sel Energy Spdr Fd -0.25% UGAZ(HB) VS 3x Long Natural Gas ETN -0.28% IWM iShs Russell 2000 ETF -0.31% XLRE Real Estate Select Sector SPDR -0.31% GLD SPDR Gold Trust -0.33% LABD(HB) DX Dly S&P Biotech Bear 3X -0.38% BAR(HB) Graniteshares Gold Tr -0.37% XLF S&P Sel Finl Spdr Fd -0.41% XLB S&P Sel Materials Spdr Fd -0.42% IAU iShs Gold Trust -0.35% USO(HB) United States Oil Fd LP -0.46% VWO Vanguard FTSE Emerging Markets -0.57% TBT(HB) UltraShrt Lhman 20+ Yr Trea -0.62% SOXX iShs PHLX Semiconductor ETF -0.68% OIH VanEck Vctrs Oil Svcs ETF -0.78% RSX VanEck Vctrs Russia ETF -0.88% XOP SPDR S&P Oil & Gas Exploration -0.94% FAS(HB) Finl Bull 3x Shs -0.97% UCO(HB) ProShs Ultra Bloomberg Crude -1.01% GDXJ VanEck Vctrs Jr Gold Miners -1.09% SDS(HB) UltraShort S&P 500 ProShs -1.11% VXX iPath S&P 500 VIX Short-Term -1.16% SPXU(HB) ProShs UltraPro Sh S&P 500 -1.32% UWT(HB) VelShs 3x Lng Crude Oil ETNs -1.35% GDX VanEck Vctrs Gold Miners ETF -1.49% QID(HB) UltraShort QQQ ProShs -1.61% UVXY ProShs Ultra VIX Short-Term -1.74% TVIX(HB) VS 2X VIX Short Term -2.06% SQQQ ProShs UltraPro Short QQQ -2.26% JNUG(HB) DX Jr Gold Miners Bull 3x -2.89% NUGT Direxion Dly Gold Miners 3X BL -4.39%
Live from the floor of the New York Stock Exchange, Yahoo Finance's Jared Blikre joins Alexis Christoforous to break down the latest market moves. Here's the performance of select trending stocks as of 11:30 am EDT: HMNY(HB,F) Helios and Matheson Analytics 25.00% GERN(HB) Geron Corp 7.78% CHK Chesapeake Energy Corp 4.17% TRXC(HB) TransEnterix Inc 4.10% NKTR(0) Nektar Therapeutics 3.08% SDRL(HB) Seadrill Limited 3.04% NFLX Netflix Inc 2.70% SRPT Sarepta Therapeutics Inc 2.54% AMD Advanced Micro Devices Inc 2.39% TVIX(HB) VS 2X VIX Short Term 2.27% CGC(HB) Canopy Growth 2.17% SQ Square Inc 1.93% UVXY ProShs Ultra VIX Short-Term 1.90% ARWR(0) Arrowhead Pharma Inc 1.91% CRM salesforce.com Inc 1.76% DIS Disney (Walt) Co 1.60% XOM Exxon Mobil 1.54% MU Micron Tech 1.52% TWTR Twitter Inc 1.42% ABBV AbbVie Inc 1.37% VXX iPath S&P 500 VIX Short-Term 1.24% PBR Petroleo Brasileiro S.A. ADR 1.22% ACBFF(HB) Aurora Cannabis Inc 1.06% X U.S. Steel Corporation 1.06% FB Facebook Inc 0.99% ORCL Oracle Corp 0.88% BP BP P.L.C. ADS 0.87% SHOP Shopify Inc 0.85% ADBE Adobe Systems 0.76% AAPL Apple Inc 0.76% CVX Chevron Corporation 0.54% PFE Pfizer Inc 0.22% GILD Gilead Sciences 0.15% SOGO(HB) Sogou Inc 0.13% AVGO Broadcom Inc 0.09% INTC Intel Corp 0.10% T AT&T Inc 0.06% AMZN Amazon.com Inc 0.04% MSFT Microsoft Corp 0.02% NVDA Nvidia Corp -0.03% CELG Celgene Corp -0.05% CSCO Cisco Systems -0.23% DBX Dropbox Inc -0.23% GOOG Alphabet Inc Cl C Cap Stock -0.25% GOOGL Alphabet Inc Cl A -0.27% QQQ Invesco QQQ Trust Series 1 -0.30% BB BlackBerry Ltd -0.34% SPY SPDR S&P 500 ETF -0.37% V Visa Inc -0.38% WFC Wells Fargo -0.45% LRCX Lam Research -0.45% QCOM Qualcomm Inc -0.50% BA Boeing Co -0.49% ROKU Roku Inc Cl A -0.55% JPM JPMorgan Chase & Co -0.55% TSLA Tesla Inc -0.59% KMI Kinder Morgan Inc -0.61% SBUX Starbucks Corp -0.64% PYPL PayPal Hldgs Inc -0.64% WMT Wal-Mart Stores -0.74% NKE Nike Inc Cl B -0.80% BAC Bank of America Corporation -0.84% IBM Intl Business Machines Corp -0.91% C Citigrp Inc -1.02% HD Home Depot Inc -1.19% BIDU Baidu Inc -1.20% RAD Rite Aid -1.20% AMAT Applied Materials -1.22% CAT Caterpillar Inc -1.29% VZ Verizon Communications -1.26% KO Coca-Cola Co -1.30% WBA Walgreen Boots Alliance Inc -1.45% CVS CVS Health Corp -1.46% PG Procter & Gamble Cc -1.62% JNJ Johnson & Johnson -1.67% TEVA Teva Pharm Indus ADR -1.68% BABA Alibaba Group Holding Ltd -1.71% MO Altria Grp -1.77% IQ IQIYI Inc ADS -2.21% F Ford Motor -2.54% SNAP Snap Inc -2.84% HUYA(HB) HUYA Inc -3.40% JCP(HB) Penney (J.C.) -3.47% GEVO(HB) Gevo Inc -3.52% FIT Fitbit Inc -3.87% GE General Electric Co -4.27% JD JD.com Inc -4.44% NIO(HB) NIO Inc -6.52% CMCSA Comcast Cl A -6.75% SIRI Sirius XM Hldgs Inc -7.66% TLRY(HB) Tilray Inc -12.51%