|Bid||22.20 x 2200|
|Ask||22.22 x 21500|
|Day's Range||22.16 - 22.20|
|52 Week Range||21.46 - 24.43|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||-3.21|
|Expense Ratio (net)||0.91%|
Fixed-income ETF investors should reexamine strategies for rising rates and consider some of the latest fixed income and specialized equity strategies designed for investing during a rising rate environment. On the recent webcast (available On Demand for CE Credit), Rising Interest Rates and ETF Strategies to Manage Them, Simeon Hyman, Global Investment Strategist for ProShares, argued that yields may continue to rise and investors should be wary of the potential fallout in their traditional bond fund exposures if yields pick up pace. Hyman also contended that quantitative tightening could drive interest rate normalization, pointing to the end of quantitative easing as a key driver of interest rate normalization.
Against a solid economic backdrop and low unemployment, the Federal Reserve recently raised its rates for the seventh time in three years. And after taking a short hiatus, Treasury yields across the curve ...
An inverted yield curve, in which short-term yields (SHY) are higher than long-term yields (TLT), is considered as a warning sign for a future recession. The LEI’s economic model uses the yield spread between the ten-year Treasury bond (IEF) and the federal funds rate (TBF) as one of the components. The May LEI report indicated that this yield spread increased from ~1.2 in April to ~1.3 in May. The use of the term “symmetric” along with the inflation target in the May FOMC meeting minutes led to the increase of yield spreads in May.
The US bond markets remained under selling pressure as bond yields, especially at the short end of the curve, continued to shoot up, while the long-term yields remained subdued. The US Fed through its May post-meeting statement said that inflation would reach the 2% target soon, which was interpreted as a signal for a faster pace of rate hikes. An inverted yield curve, where short-term (SHY) yields are higher than long-term yields (TLT) is considered a warning sign for future recessions, and thus the yield spread has a place in the leading economic index.
Yields on benchmark Treasuries have increased this year as market observers anticipate further monetary policy tightening out of the Federal Reserve. Nevertheless, fixed-income investors have a number ...
Rising yields has resulted in an opportune moment for bond investors to capitalize on beaten-down bond prices in the form of inverse or leveraged inverse ETFs.
Foreign buyers are just not as enamored with U.S. Treasuries as they use to be. The diminished demand could push bond yields higher and weigh on Treasury bonds, along with related exchange traded funds. ...
What Do March Leading Indicators Signal for the US Economy? The US bond markets were back in focus as the chatter about the yield curve flattening has grown louder in recent weeks. The decision of the US FOMC during its March meeting to increase the Fed funds rate by 0.25% had an uneven impact on the yield curve.