Nov. 2 at 8:04 PM
Fixed Income Split: EM Bonds Lead, Treasuries Fade
Based on 3-month ROC rankings, the iShares JPMorgan USD Emerging Markets Bond ETF (
$EMB) holds the lead at 5.1%, within the 80th percentile of the past year.
The iShares 20+ Year Treasury Bond ETF (
$TLT) and iShares iBoxx $ Investment Grade Corporate Bond ETF (
$LQD) trail at 3.6% and 2.2%.
$TLT slowed over 3 points week over week, while
$EMB stayed firm.
Long duration cools, credit weakens, short Treasuries stay flat—a fragmented fixed income picture.