Treasuries Having a Good Day (SHY, IEI, IEZ)
The treasury market got a boost today as yields trended down further to touch their lowest levels since May.
Ishares 1-3 Yr. Treasury ETF (NYSE: SHY) is up 0.14%, Ishares 3-7 Treasury ETF (NYSE: IEI) is up 0.37%, and Ishares 7-10 Yr. Treasury ETF (NYSE: IEF) is up 0.7% in late day trading.
Bonds got a further tailwind earlier this afternoon as consumer credit decreased more than expected.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Posted-In: TreasuriesLong Ideas Bonds Economics Intraday Update Markets Trading Ideas ETFs