“SJB told a different story in the month of May when it raked in almost $6.2 million in new assets. That may not sound like much, but consider that the ETF had just $45.3 million in assets at the end of the first quarter and $6.2 million in one month is a tidy haul,” Benzinga wrote. [Two High-Yield Bond ETFs for Rising Rates]

“The price on the 10-year Treasury note increased 18/32 to 93 22/32. The yield fell to 2.47 percent, from 2.54 percent late Wednesday. The yield climbed to 2.66 percent on Monday, the highest since August 2011. The rate has surged since May 3, when it touched 1.63 percent, its low for the year. Concern that the Fed is poised to start pulling back on its stimulus prompted investors to sell bonds, pushing the yield higher,” Associated Press reported. [Short ETFs for Rising Interest Rates]

Investors are paring back on fixed income holdings since yields are likely to rise more in the second half of 2013. As the Federal Reserve is pulling back on monetary stimulus, the outlook for yields is to just keep going higher.[Are Treasury ETFs Riskier Than Stocks?]

Tisha Guerrero contributed to this article.

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