Apr. 22 at 6:07 AM
Bond Market Weakness: Treasury Duration Takes the Biggest Hit | Monday
Fixed income ETFs broadly negative yesterday. Long-term treasuries suffered most with
$TLT down 1.75%. Investment grade corporates followed with
$LQD dropping 1.08%. International exposure cushioned losses with
$BNDX only down 0.14%.
🔎 Our take:
$BNDX and
$IEI showing bullish momentum with positive sentiment, while
$EMB and
$TLT remain neutral on both metrics.