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....
Read the full article on Seeking Alpha
For further details see:
EDV: The U.S. Economy Seems To Weaken - Reiterating Buy