In contrast, the iShares 10-20 Year Treasury Bond ETF (NYSEArca: TLH) has a 9.72 year duration and a 1.89% 30-day SEC yield, and the iShares 10+ Year Credit Bond ETF (NYSEArca: CLY) has a 13.16 year duration and a 3.97% 30-day SEC yield.
TLH only tracks high-quality, AAA-rated U.S. Treasuries while CLY holds a slightly lower quality tilt, including AAA 2.6%, AA 9.9%, A 37.3% and BBB 49.4%.
PowerShares Build America Bond Portfolio
For more information on the munis market, visit our municipal bonds category.
Max Chen contributed to this article.