Strong Jobs Report, Rate Hike Bets Weigh on Treasury Bond ETFs
April 01, 2022 at 15:54 PM EDT
Treasury bond exchange traded funds resumed their retreat, with benchmark yields climbing after a strong March jobs report provided further support for a rising interest rate outlook. On Friday, the iShares 7-10 Year Treasury Bond ETF (IEF) fell 0.4%. Meanwhile, yields on benchmark 10-year Treasury...