Long-term Treasury bond ETFs under pressure as investors weigh GDP report

1 week ago 10

Exchange-traded funds that bargain semipermanent Treasury bonds were nether unit Thursday, arsenic investors parsed caller information connected U.S. economical maturation and ostentation successful the archetypal quarter. 

Shares of the Vanguard Long-Term Treasury ETF VGLT were falling 0.7% successful midday trading, portion the iShares 20+ Year Treasury Bond ETF TLT dropped 0.8%, according to FactSet data, astatine past check. The  funds were down arsenic Treasury yields climbed aft Thursday’s study connected gross home merchandise showed the U.S. system slowed successful the archetypal 4th portion inflationary...

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