Treasury ETFs Fall Sharply As Yields Move Higher
April 07, 2011 at 08:28 AM EDT
The spike in Treasury yields since the middle of March has put a dent in bond exchange traded funds (ETFs) as investors worry about inflation and the budget gridlock in Washington. Yields on the 10-year note have jumped to about 3.6% after dropping below 3.2% last month. Bond prices and yields move...
