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Falling Interest Rates Boost Bond ETFs
Friday, May 30, 2014 - 3:22pm | 537The yield on the 10-year U.S. Treasury fell to an 11-month low on Wednesday and the drop continued into Thursday -- as the yield is on the verge of breaching the 2.40 percent level. When the word that the Fed was going to taper began to spread throughout the market, the consensus was that...
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Investors Fleeing Treasury ETFs (SHY, TLT)
Monday, March 31, 2014 - 2:19pm | 390The first two months of the year saw money flowing into U.S. government debt ETFs, as investors were not scared off by the Fed taper. But that trend came to a halt quickly as investors removed $10.3 billion in March from ETFs. That was the largest one-month outflow since December 2010. The...
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Durable Goods Orders Higher Than Forecasted
Tuesday, December 24, 2013 - 12:58pm | 235Bookings for goods meant to last at least three years rose 3.5 percent, according to the Commerce Department's report on December 24. The median estimate called for a 2 percent advance. The positive November bookings compares to a 0.7 percent drop in the prior month. Non-military bookings...