“The aim of these actions is to protect the citizens of Ukraine, to stop terror, to stop criminality, to stop attempts to tear Ukraine to pieces,” President Oleksandr Turchynov told Parliament, according to CNN.
Treasury bonds have been strengthening this year as a series of problems in the emerging markets and now geopolitical risk in Ukraine pushed down yields. TLT has gained 9.2% year-to-date while IEF rose 3.7%.
iShares 20+ Year Treasury Bond ETF
For more information on Treasuries, visit our Treasury bonds category.
Max Chen contributed to this article.