Nearly $2.5 billion flows into cash-like ETF
Last week, the iShares Short Treasury Bond ETF had the biggest weekly influx since the depths of the pandemic in March 2020.
Turbulent equity markets and lofty bond yields has cash back in high demand.
Nearly $2.5 billion flooded into the $23 billion iShares Short Treasury Bond ETF (SHV) last week, according to data compiled by Bloomberg. That’s the biggest weekly influx for SHV, which holds bonds maturing in one yea
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