Aug. 21 at 7:46 AM
EM Bonds Retreat While Long Treasuries Climb – Wednesday 📉📈
What Happened:
iShares 20 Plus Year Treasury Bond
$TLT +0.22%
Vanguard Total International Bond
$BNDX +0.14%
SPDR Bloomberg High Yield Bond
$JNK -0.07%
iShares JPMorgan USD Emerging Markets Bond
$EMB -0.16%
Our Take:
$TLT: Neutral Momentum – Neutral Sentiment, reflects steady government allocation
$BNDX: Bullish Momentum – Neutral Sentiment, suggests balanced global bond stance
$JNK: Bullish Momentum – Positive Sentiment, supports income-oriented bond exposure
$EMB: Bullish Momentum – Positive Sentiment, reinforces diversified income generation