Rising Inflation Expectations Lower Treasury Bond ETFs’ Appeal

Treasury bond exchange traded funds continued to deteriorate, with yields on benchmark 10-year Treasury notes hitting a 17-month high Thursday, as crude oil prices continued to strengthen, fueling inflation expectations. The iShares 20+ Year Treasury Bond ETF (NYSEArca: TLT) dropped 1.0% and iShares 7-10 Year Treasury Bond ETF (NYSEArca: IEF) fell 0.4% on Thursday as…Click to read more at ETFtrends.com.