|Bid||138.26 x 900|
|Ask||138.52 x 800|
|Day's Range||138.25 - 138.65|
|52 Week Range||100.44 - 154.90|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||25.43%|
|Beta (3Y Monthly)||5.14|
|Expense Ratio (net)||0.15%|
Asian markets continue to bleed on increasing geo-political issues and slowing global economic growth. This, in turn, has been adding to the appeal of safe-haven ETFs.
August saw an awful start with global markets in the red mainly due to renewed trade tensions. Such market and ETF activities could rule the market in August.
A wave of pessimism surrounding trade news has pushed the U.S. Treasury yields down, raising demand for the safe-haven bonds in turn, especially the long-dated ones.
U.S. treasury yields slumped in the second quarter due to renewed trade tensions, geopolitical crisis and a dovish Fed. This has given a boost to these ETFs.
Heightened trade tensions have sparked a surge in the fixed income space. As such, long-term Treasury bond ETFs have been on the rise over the past week.