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 key 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.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Latino charitable giving rates have dropped sharply since 2008, study findsA new report found that 26% of Latinos gave to established charities in 2018, the most recent data available, compared with 44% in 2008.
Read more »
Real yields hover around highest levels since 2008-2009Real yields, as reflected by rates on Treasury inflation-protected securities, continued to be near the highest levels of the past 14 to 15 years on...
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...
Read more »
Instacart shares close below IPO price for first time By ReutersInstacart shares close below IPO price for first time
Read more »
Anderson Cooper Tried To Explain The Financial Crash To PrinceAnderson Cooper revealed that Prince asked him to explain the 2008 financial crash to him, but he couldn't because he had to go to work
Read more »