Turkey Woes Help U.S. Treasury ETFs Break Out
This article was originally published on ETFTrends.com.
U.S. Treasury bond ETFs were breaking above their long-term trends as investors sought safe havens plays in response to the economic uncertainty in Turkey and the potential fallout that could affect other global markets. On Friday, the PIMCO 25+ Year Zero Coupon US Treasury Index ETF (NYSEArca: ZROZ) advanced 1.4%, Vanguard Extended Duration Treasury ETF (NYSEARCA: EDV) [...]