Inside ETFs: Investors 'have to sit up and take notice' of bond yields
Wall Street traders' holdings of U.S. Treasury yields have reached their highest since 2007, and fixed income ETFs are also seeing record inflows. Steve Laipply of BlackRock told Reuters that Treasury yields' move to 20-year highs surprised many in the market, but the prospect of rates staying higher for longer at the Fed means the trade has further to run.
Wall Street traders' holdings of U.S. Treasury yields have reached their highest since 2007, and fixed income ETFs are also seeing record inflows. Steve Laipply of BlackRock told Reuters that Treasury yields' move to 20-year highs surprised many in the market, but the prospect of rates staying higher for longer at the Fed means the trade has further to run.
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