Fisher Investments Leads $4 Billion Inflow Into Long-Duration Treasury ETF

1. 1Fisher Investments led a record $4 billion inflow into BlackRock's 20+ Year Treasury ETF, according to analysis
2. 2A comparable-sized outflow was seen from BlackRock's shorter-maturity Treasury funds, and it remained the largest holder of IEF at roughly $15 billion as of the end of June
3. 3The move came as the 30-year Treasury yield hovered near its highest level since 2007, and a 10 basis-point drop in the 30-year yield followed the Treasury Department's increased purchases of long-dated debt

Source Bloomberg · View original ↗

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