|Day's Range||126.62 - 127.49|
|52 Week Range||116.49 - 143.62|
|PE Ratio (TTM)||-40.32|
|Expense Ratio (net)||0.15%|
Treasury yields rose sharply Tuesday morning as consumer confidence posted gains and the European Central Bank (ECB) indicated a more hawkish view on tapering its bond purchases. At 11 a.m. ET, the yield on the benchmark 10-year note rose to 2.2%, 6 basis points higher than Monday's close and the highest yield since just prior to the last meeting of the Federal Reserve. The yield curve flattened as the yield on the two-year note rose only two basis points to 1.38%.
Last week, US Treasury yields started on a stronger note. Yields moved lower as the week progressed amid doubts about a gradual increase in interest rates.
With sentiment heading for extremes, bonds seem likely to correct soon.