105.55 -0.01 (-0.01%)
After hours: 4:50PM EDT
|Bid||105.40 x 800|
|Ask||107.32 x 1000|
|Day's Range||105.48 - 105.75|
|52 Week Range||99.60 - 105.75|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||1.48|
|Expense Ratio (net)||0.15%|
Money flow into the market’s largest ETFs have recently mirrored the relative price performance between large caps and small caps, which indicates that investors are still cautious.
Gundlach: Could US Economic Indicators Be Signaling a Recession?(Continued from Prior Part)Gundlach on diversification Jeffrey Gundlach’s mutual fund company, DoubleLine Capital, primarily invests in fixed income. When asked by Yahoo Finance about
In 2018, US-listed fixed income ETFs added a combined $97 billion in new assets, accounting for about 31% of all ETF inflows last year. Investors are extending their affinity for bond ETFs this year. As of Friday, Feb. 22 nd , seven of the top 10 asset-gathering ETFs on a year-to-date basis are fixed income funds.
As the U.S. and China trade deals talks extend, wary investors are piling into Treasuries and related ETFs to hedge bets in case an unexpected fallout occurs. Investors have also been turning to Treasury bond-related ETFs as a quick way to gain access to this segment of the fixed-income market. The iShares 7-10 Year Treasury Bond ETF (IEF) was the most popular ETF play over the past week, attracting close to $1.5 billion in net inflows, according to XTF data.
January’s Jobs Report: Analysts' Expectations(Continued from Prior Part)Fed watching jobs report closely Fed policymakers are watching the job data closely. The data give the Fed insight as to whether the US economy (SPY) (IVV) is strong enough to
For example, the iShares 20+ Year Treasury Bond ETF (TLT) remained one of the more popular plays of the past week, bringing in $515 million in net inflows, according to XTF data. TLT has already attracted close to $1.4 billion in net inflows so far this year while the iShares 7-10 Year Treasury Bond ETF (IEF) saw $1.8 billion in inflows. As money managers converge at Davos, Switzerland on Tuesday, Axa Investment Managers and JPMorgan Asset management, among others, revealed their preference for long-dated bonds, expressing a slower growth outlook that could cause policy makers in the U.S. and Europe to moderate monetary tightening this year, Bloomberg reports.
U.S. Treasuries and bond-related ETFs strengthened toward the end of 2018 as investors looked to a safe haven to stabilize their investment portfolios, and this bond segment may continue to offer security ...
Fed policymakers are watching job data closely, as the data gives the Fed insight as to whether the US economy (SPY) (IVV) is strong enough to withstand interest rate hikes. The Fed raised interest rates four times last year and signaled two more hikes in 2019, which is in contrast to the market’s expectation of no hike. The Fed has remained very positive on the tight labor market and has maintained that increasing rates should keep inflation in check.
U.S. Treasury bond exchange traded funds continued to strengthen, with yields on benchmark 10-year U.S. government notes touching an 11-month low, amid heightened concerns over global growth. Over the past three months, the iShares 7-10 Year Treasury Bond ETF (IEF) gained 4.1% and iShares 20+ Year Treasury Bond ETF (TLT) rose 5.4% as yields on benchmark 10-year Treasury notes dropped down to 2.66% after reaching as high as 3.22% back in October. “If 2.64 percent is broken to the downside, look for a move to 2.49 or 2.48 percent on 10-year yields as selling pressure continues on the global equity complex,” Tom di Galoma, managing director at Seaport Global Holdings, said in a note.
Bulls versus Bears on Wall Street: Time to Buy Gold in 2019? The head of Real Asset Strategy at Wells Fargo, John LaForge, is bullish on metals but feels that gold (GLD) may lag behind other precious metals in 2019 due to its high valuation compared to peers.
In a year marked by increased interest rate hikes, Treasury bonds and related exchange traded funds still managed to rally toward the end of the year as market volatility and uncertainty pushed investors ...
The Federal Reserve’s two-day meeting concluded yesterday. The Fed was widely expected to raise rates for the fourth time this year by 25 basis points, and it did. Lately, some doubts had crept into investors’ minds about whether Fed Chair Jerome Powell would go ahead with the hike given equity market weakness and increasing pressures from President Donald Trump and some well-regarded economists.
Could Market Risks Bring Investors Back to Gold in 2019? The yield curve tracks the yields of Treasury securities maturing at different times. The narrowing gap between these yields is sometimes called a “flattening yield curve.” If shorter-term security yields become larger than longer-term security yields, that’s called a “yield curve inversion” (BND).
Fed policymakers are watching job data closely, as it gives them insight as to whether the US economy (SPY) (IVV) is strong enough to withstand interest rates hikes. The Fed has already raised interest rates three times this year. The Fed is expecting one more hike in December.
As the Dow Jones Industrial Average plunged over 600 points on Thursday, it was a bond bonanza in the fixed-income space as fears of a global economic slowdown permeated the capital markets. The shift ...
A yield curve tracks the yields of Treasury securities maturing at different times. The narrowing of the difference between these yields is sometimes referred to as the “flattening of the yield curve.” In contrast, shorter-term security yields becoming larger than longer-term security yields is referred to as “yield curve inversion” (BND). Yield curve inversion is a cause for concern for some bond traders and investors, as it has been an indicator of upcoming recessions.
U.S. Treasuries and related ETFs continued to rally Monday, with yields on benchmark 10-year Treasury notes breaking below the key 3% mark, as the safe-haven assets rebounded on lingering fears on tensions between Washington D.C. and Beijing. The yield flattened and the yield curve between the three-year and five-year notes inverted for the first time since 2007 after yields rose earlier in the session in response to the deal between the U.S. and China to hold off on new tariffs, which bolstered demand for riskier assets, Reuters reports. ”Some of the exuberance is fading off a little bit as people digest the news and understand that we’re still a ways away from having any real deal in place,” Zach Griffiths, an interest rate strategist at Wells Fargo, told Reuters.
In a note published last week, Bank of America Merrill Lynch equity and quantitative strategist Savita Subramanian said, “We believe the peak in equities is likely before the end of 2019.” She expects equities to slow down next year as credit conditions tighten and earnings growth slows. As the Fed keeps tightening monetary conditions, equities (QQQ) (IVV), which are now accustomed to easy money, will find themselves in a difficult situation.
The U.S. Treasury market has been propped up by willing foreign buyers, but Asian demand has diminished, potentially pushing up yields and pressuring Treasuries and related exchange traded funds. While rising interest rates may be a primary driver to the 3.5% decline in the iShares 7-10 Year Treasury Bond ETF (IEF) and 9.7% drop in the iShares 20+ Year Treasury Bond ETF (TLT) year-to-date, the diminished demand from foreign investors may further weaken the Treasury bond outlook. As the Treasury Department preps to sell $1.3 trillion in new debt for the upcoming fiscal year, the government may find less willing buyers.
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Treasury bonds and related exchange traded funds have enjoyed a long rally as low interest rates abroad brought foreign buyers into relatively more attractive U.S. government debt. While rising interest rates may be a primary driver to the 3.6% decline in the iShares 7-10 Year Treasury Bond ETF (IEF) and 8.7% drop in the iShares 20+ Year Treasury Bond ETF (TLT) year-to-date, the diminished demand from foreign investors may further weaken the Treasury bond outlook. Overseas investors, traders and central bankers only increased their holdings of Treasuries by $78 billion in the first eight months of 2018, or over half of what they bought during the same period last year, the Wall Street Journal reports.
Municipal bonds and related exchange traded funds may not be the most exciting asset category, but they have been holding up relatively well in the fixed-income space. “Muni performance has been nothing ...