Ugly bond-market rout cements popular ETF’s lowest close since 2008
A fund that mirrors the performance of the $55 trillion U.S. bond market cemented its lowest close since 2008 on Monday. A sharp selloff in Treasurys has been triggering ripple effects in the broader U.S. bond market, with shares of the iShares Core U.S. Aggregate Bond ETF AGG posting its lowest close since October 2008, …
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