Surging Bond Yields Deal Another Blow to U.S. ETFs
March 18, 2021 at 16:01 PM EDT
U.S. markets and stock exchange traded funds retreated Thursday as inflation fears triggered a spike in Treasury yields and renewed the selloff in growth names. On Thursday, the Invesco QQQ Trust (NASDAQ: QQQ) was down 3.0%, SPDR Dow Jones Industrial Average ETF (NYSEArca: DIA) fell 0.5%, and...
