Long-Term Treasury Bond ETFs Picking Up Speed
This article was originally published on ETFTrends.com.
Despite a tighter monetary policy out of the Federal Reserve with two more interest rate hikes planned later this year, Treasury bonds and related ETFs have been gaining momentum in recent weeks. Over the past month, the PIMCO 25+ Year Zero Coupon US Treasury Index ETF (NYSEArca: ZROZ) advanced 3.6%, Vanguard Extended Duration Treasury ETF (NYSEARCA: EDV) [...]