


Franklin U.S. Treasury Bond ETF (NYSEARCA:FLGV - Get Free Report) shares saw unusually-high trading volume on Wednesday. Approximately 172,042 shares were traded during trading, an increase of 24% from the previous session's volume of 138,944 shares. The stock last traded at $19.4650 and had previously closed at $19.46. Franklin U.S. Treasury Bond ETF Price Performance

Franklin U.S. Treasury Bond ETF (NYSEARCA:FLGV - Get Free Report)'s stock price hit a new 52-week low during mid-day trading on Tuesday. The stock traded as low as $19.66 and last traded at $19.69, with a volume of 76200 shares. The stock had previously closed at $19.69. Franklin U.S. Treasury Bond ETF Stock Performance

The improving macro backdrop, a strong risk rally and rising volatility leave us moderately pro-risk over coming months, with a preference for credit.

The Bureau of Labor Statistics released the August Consumer Price Index data this morning (Sept. 11).

Fear factor is still strong and in favor of gold as investors fear a second shutdown. Inflation expectations are on the rise, further boosting gold's prospects.

New hiring has now recouped nearly 50% of the total job losses that occurred during March and April. The unemployment rate shrank 1.8 percentage points in August, falling to 8.4%.

The Fed's new average inflation targeting policy is moot if inflation stays low. But if average inflation rises above the target, the central bank may find itself well behind the curve.