SHORTER MATURITY TREASURY ETF TUMBLES ... Treasury investors had another bad day today. Chart 4 shows the Barclays 7-10 Treasury Bond iShares (IEF) falling to the lowest level in seven months as long-term rates continued to rise. The real shocker came in the Barclays 1-3 Year Treasury Bond iShares (SHY). Chart 5 shows that ETF tumbling for the second day in a row. In so doing, the SHY has broken its March low and its 200-day moving average. That was the direct result of the spike in the two-year Treasury yield. The question traders will be debating this week is why that's happening and what it means for the economy and various financial markets.
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