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Positive Jobs Report Weighs on Treasury Bonds, ETFs

Positive Jobs Report Weighs on Treasury Bonds, ETFs

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U.S. government bond yields rose and Treasury-related exchange traded funds declined Friday after the Labor Department showed the unemployment rate dipped to its lowest level since the coronavirus pandemic. On Friday, the iShares 7-10 Year Treasury Bond ETF (IEF) fell 0.5% and the iShares 20+ Year Treasury Bond ETF (NasdaqGS: TLT) decreased 1.4%.

...read full article on ETF Trends

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