Long-Treasury ETF Plunges Record 48% as Market Meltdown Worsens
(Bloomberg) -- The largest long-dated bond ETF is suffering its biggest drawdown on record as the Federal Reserve’s higher-for-longer interest rates start to sting. Most Read from BloombergIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesIndia-Canada Clash Should Be a Wake-Up CallBonds Sink, S&P 500 Snaps Four-Day Losing Streak: Markets WrapChinese Gold Buying Is Driving a Paradigm Shift in BullionStudios’ Labor Focus Shifts to Actors With Writers Deal ClinchedThe $3
Source: yahoo.com
