Fixed-income exchange traded funds (ETFs) tend to look more attractive, as rates in other areas decline. One of the most popular bond ETFs by volume is the iShares Lehman 20+ Year Treasury Bond Fund (TLT), which is up 2% for the month. Many analysts suggest that stocks and ETFs will continue to decline as the subprime mess spreads. Other popular bond ETFs and their performance for the month include:
- iShares Lehman Aggregate Bond (AGG) – up 0.7%
- iShares Lehman 1-3 Year Treasury Bond (SHY) – up 1.0%
- iShares Lehman 7-10 Year Treasury (IEF) – up 2.5%
The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.