Treasury ETFs have been benefitting from the recent flight to safety as yields decline along with stocks. Bond yields and prices move in opposite directions.
For example, iShares Barclays 20+ Year Treasury Bond was up 18.8% year to date as of Aug. 10, according to Morningstar, despite the Standard & Poor’s U.S. credit downgrade.
In precious metals, gold ETFs fell after the Chicago Mercantile Exchange raised margin requirements to trade Comex gold futures contracts. [Gold ETFs Weaken After Margin Hike]
Tom Lydon appeared on CNBC to discuss precious metals ETFs on Thursday. [Tom Lydon Talks Gold on CNBC]
iShares Barclays 20+ Year Treasury Bond
Chart source: StockCharts.com.
