With High Treasury Yields, the Details Matter
These days, fixed income investors are intently focused on two numbers: the yields on 10- and 30-year Treasuries, which have surged to historically (and uncomfortably) high levels. Yields in excess of 5% on benchmark U.S. government are making life hard on bond investors and ETFs such as the ALPS/SMITH Core Plus Bond ETF (SMTH). But [...]
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