TrackInsight: US long-term treasury bonds slide lower as investors withdraw capital

ETFs exposed to US long-term treasury bonds with a maturity exceeding 20 years are not spared by the coronavirus crisis. The dedicated segment on TrackInsight lost 6,65% yesterday (Wed, March 18^th), which aggravated the downward trend which began on the 9^th of March. After having reached a YTD high at +27,46%, the cumulative performance has plummeted in the wake of equities and now stands at +7,35%. Long-term U.S. yields spiked yesterday as investors sold their positions amid discussions about a potential $ 1 trillion federal stimulus to support the economy. Over the last three days, investors withdrew more than $ 1,5 bn from the 12 ETFs included in this segment, reducing the total assets under management to $ 22,3 bn.