Long-Term Bond ETFs Prove Durable Despite Fed Rate Hikes

Long duration fixed income exchange traded funds have bee strong performers this year even as the Federal Reserve has boosted interest rates twice. For example,the Vanguard Extended Duration Treasury (NYSEARCA:EDV) is higher by almost 7% year-to-date. Longer-dated bond funds were seemingly more at risk of a rising rate environment may have been oversold prior to…Click to read more at ETFtrends.com.