FYI: With 10-year Treasury yields racing to a nearly 10-month high, investors may be kicking themselves for shunning the fixed-income products that could’ve offered shelter from this rates storm.
The three-month moving average of weekly flows into the iShares Short Maturity Bond exchange-traded fund (NEAR), Floating Rate Bond ETF (FLOT), SPDR Bloomberg Barclays Short Term High-Yield Bond ETF (SJNK), PowerShares Senior Loan Portfolio (BKLN) and Vanguard Short-Term Corporate Bond ETF (VCSH) sank to a record low outflow of $18 million after the first week of 2018.
Regards,
Ted
https://www.bloomberg.com/news/articles/2018-01-09/investors-snubbing-one-of-the-best-hedges-against-soaring-yields?srnd=etfcenter