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Shares of US Treasury 20 Year Bond ETF (NASDAQ: UTWY - Get Free Report) traded up 0.5% on Wednesday. The company traded as high as $43.89 and last traded at $43.8850. 866 shares changed hands during mid-day trading, a decline of 87% from the average session volume of 6,435 shares. The stock had previously closed
Recession is almost certainly coming, likely within 1 to 2 months. Stocks are likely to fall 15% to 30%, and possibly as much as 45% if the United States defaults on its debt in 3 to 4 weeks.
Two market experts find flows into bond ETFs are picking up following a lull.
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Transcripts source: company-published earnings calls. Speaker attribution and formatting are processed in-app.