Are Treasury ETFs Risk-Free?
May 31, 2012 at 15:44 PM EDT
Exchange traded funds indexed to U.S. Treasury bonds are among the top performers in May on the risk-off trade and Europe’s debt woes. Vanguard Extended Duration Treasury ETF (NYSEArca: EDV) is up 14.7% for the month of May. Meanwhile, yields on the 10-year note have cratered under 1.6% to all-time...