Long-Term Treasury ETFs Jump On Fed’s $400 Billion Move
September 21, 2011 at 15:54 PM EDT
Long-term U.S. Treasury exchange traded funds (ETFs) vaulted higher, following the Federal Reserves’ decision to focus on Treasuries with longer-dated maturities. iShares Barclays 20+ Year Treasury Bond (NYSEArca: TLT) was up 3.26% in afternoon trading. The fund has a 12-month yield of...
