Treasury ETF Investors Wrong-Footed as Yields Rise
May 13, 2013 at 10:11 AM EDT
The iShares 20+ Year Treasury Bond (NYSEArca: TLT) is down more than 4% so far in May, leaving investors who have recently piled into U.S. government bond ETFs hurt by rising Treasury yields. For example, Treasury bond ETFs gathered $1.4 billion in the most recent week ended May 8, the most ever,...