Growing fears about Europe’s debt crisis also fueled buying of U.S. Treasury bonds in a safe-haven trade, MarketWatch reported.
ProShares UltraShort 20+ Year Treasury ETF (NYSEArca: TBT), an ETF that provides leveraged short exposure to bonds, was down nearly 2% and was among the most active ETFs Friday by share volume. PIMCO’s Bill Gross recently initiated a short position in U.S. debt, according to reports.
iShares Barclays 20+ Year Treasury
