A proxy for the $55 trillion U.S. bond market is on the cusp of its lowest close since 2008

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 97%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

The recent selloff in bonds has the Shares of the iShares Core U.S. Aggregate Bond ETF on the cups of its lowest close since October 2008, according to Dow...

A fund that mirrors the performance of the $55 trillion U.S. bond market was trading on Thursday on the cusp of its lowest close since 2008.

The ETF matters because it tracks the closely followed U.S. Bloomberg Aggregate Bond Index, the main gauge of performance for investment-grade bonds. It also is the index all fixed-income investors strive to beat each year. The Bloomberg “AGG” is composed of longer bonds, giving the index a duration of six years. Its total return was -1.4% on the year through Thursday, according to FactSet, but on pace for a -15.5% three-year return.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

A key proxy for the $55 trillion U.S. bond market is on the cusp of its lowest close since 2008The recent selloff in bonds has the Shares of the iShares Core U.S. Aggregate Bond ETF on the cups of its lowest close since October 2008, according to Dow...
Source: MarketWatch - 🏆 3. / 97 Read more »

Investors should shun stocks and bonds as U.S. economy shows shades of 2008, top JPMorgan strategist warnsA top JPMorgan Chase & Co. markets strategist is urging clients to shun both bonds and stocks in favor of cash after spotting shades of 2008 in the...
Source: MarketWatch - 🏆 3. / 97 Read more »