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September 01, 2020 1:32pm
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Strong Jobs Report, Rate Hike Bets Weigh on Treasury Bond ETFs

Treasury bond exchange traded funds resumed their retreat, with benchmark yields climbing after a strong March jobs report provided further support for a rising interest rate outlook. On Friday, the iShares 7-10 Year Treasury Bond ETF (IEF) fell 0.4%. Meanwhile, yields on benchmark 10-year Treasury...
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