TIPS ETF with Negative Yield Sees Outflow
The iShares Barclays TIPS Bond Fund (NYSEArca: TIP), which currently has a negative yield, saw nearly $500 million move out the door on Monday to lead all daily ETF outflows. The Treasury Inflation Protected Securities fund logged net outflows of $471.4 million on Feb. 4, or about 2.1% of the ETF’s...
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