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STIP - U.S. Bond Market Under Pressure As Fed Raises Interest Rates
March, 17 2022 10:14 AM
iShares 0-5 Year TIPS Bond
The Federal Reserve on Wednesday raised its target interest rate by ¼ point, the first hike since 2018. Nearly all flavors of US bond ETFs are currently posting losses for the year-to-date (through Mar. 16). The deepest decline is in long-term US corporates via Vanguard Long-Term Corporate Bond (VCLT), which has tumbled 12% year-to-date. For further details see:
U.S. Bond Market Under Pressure As Fed Raises Interest Rates
Stock Information
Company Name:
iShares 0-5 Year TIPS Bond
Stock Symbol:
STIP
Market:
NYSE
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