FYI: Interest rates are climbing, sending fixed-income investors running for the hills. That’s the conclusion you might draw from glancing at October’s flows data, which showed fixed-income ETFs registering their first monthly outflow in three years.
That outflow, totaling $5 billion, came as the benchmark U.S. 10-year Treasury yield jumped to a seven-year high close to 3.26%.
But that’s not the whole story.
Regards,
Ted
https://www.etf.com/sections/features-and-news/investors-show-bond-etfs-love?nopaging=1
