The U.S. Treasury bonds ETFs fell on positive data on durable goods, ETF Trends reports. The iShares Barclays 20+ Treasury Bond fell 2% after the Commerce Department said durable goods orders rose 4% in July. David Coard, head of fixed-income sales and trading at Williams Capital, said investors bullish on Treasury bills start “scrambling” when the market turns shaky. Treasury ETFs fell after the U.S. sold five-year notes at a record low auction yield.
Click here for the story from ETF Trends.