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Brutal U.S. bond-market selloff puts popular ETF on cusp of lowest close since 2008

Por: MarketWatch Business September 28, 2023

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Shares of the fund have tumbled about 20% to around $94.13 from a record high of $119.63 on Aug. 4, 2022, according to Dow Jones Market Data. The ETF would need to close below the $93.63 threshold to cement its lowest finish since October 2008, according to Dow Jones Market Data. The ETF matters because it tracks the closely followed U.S. Bloomberg Aggregate Bond Index, the main gauge of performance for investment-grade bonds. It also is the... + full article



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