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EDV - EDV: The U.S. Economy Seems To Weaken - Reiterating Buy
Vanguard Extended Duration Treasury
2024-05-23 08:13:50 ET
Summary
The EDV ETF showed negative returns since my last article about the ETF.
Nonetheless, I reiterate my Buy rating.
It may take some time for a long-duration bond trade to fully unveil, so investors should stay patient.
Two months ago, in my article about Vanguard Extended Duration Treasury Index Fund ETF Shares ( EDV ), I outlined a bullish case for long-duration zero-coupon treasuries. Since then, treasury yields have increased considerably, pushing the EDV shares lower....