Loading…
Loading…
Arlington Capital Management Inc. lessened its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ: TLT) by 6.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 93,513 shares of the exchange traded fund's stock after selling 6,709 shares during the period. iShares
South Korean stocks fell sharply on Thursday as Brent crude held above $100 a barrel, pushing the KOSPI back below the 7,000 mark just a day after it reclaimed the level for the first time in more than a month. The benchmark was down 1.28% at 6,961.23 by late morning in Seoul.
Vanguard Long-Term Corporate Bond ETF offers a higher dividend yield and lower expense ratio compared to iShares 20+ Year Treasury Bond ETF. iShares 20+ Year Treasury Bond ETF manages larger assets under management (AUM) but has experienced a steeper maximum drawdown over the last five years.
The yield on the 10-year Treasury was rising Wednesday after the Treasury Department announced it would buy back $6 billion in bonds, an effort it undertook to ease the market's recent wobbles.
The US Treasury will purchase up to $6 billion of longer-dated government debt in the first operation under an expanded buybacks program. It's part of Treasury Secretary Scott Bessent's effort to stem the rise in borrowing costs.
Treasury yields are climbing fast, and some of the most popular income ETFs on the market are quietly becoming traps for unsuspecting investors chasing yield.
"Escalation is the word of the day" after the U.S. hit five Iranian oil tankers near the Strait of Hormuz. Kevin Hincks points to crude oil's steady rise near $96 Wednesday morning as the key metric to watch, a level not seen since early June.
For years, bonds were treated as the portfolio ballast that investors could rely on when stocks stumbled. That assumption took a beating after 2020.