VTI - U.S. ETFs Rake In $84.8 Billion In February
- Exchange-traded funds attracted some $84.8 billion for the month of February.
- While the equity markets started February on an up note, with all three broadly followed U.S. indices posting multiple record highs during the first part of the month, reinflation fears pushed the 10-year Treasury yield to highs not seen since March 19, 2020, closing the month out at 1.47%.
- With near-month gold futures declining to nine-month lows during the month, it wasn’t surprising to see Precious Metals Equity Funds (-7.82%) at the bottom of the pack for February.
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U.S. ETFs Rake In $84.8 Billion In February