Build America Bond ETFs Bit by Multiple Factors
August 23, 2013 at 08:30 AM EDT
With 10-year Treasury yields up 43.4% in the past 90 days, it is not surprising that investors are pulling money from bond funds. Earlier this week, ConvergEx noted that investors have yanked $3.5 billion from bond ETFs over the past month. It would appear investors are getting the message that...