TrackInsight: US short-term Bonds suffer from negative performance

ETFs tracking US bonds indices with short maturities (below 3 years), recorded significant losses on Friday, August 28^th. Most of times, the dedicated segment on TrackInsight shows low levels of volatility. It had constantly grown in 2020, especially in March at the worst of the crisis, to reach +3,19% of cumulated performance on the 19^th of August. Since, returns have collapsed by 1,41% and now stand at 1,71% following last week’s Fed meeting at Jackson Hole where it was decided to let the inflation run, sending yields higher. Flows slightly decreased during last months to reach  $5,3 Bn after the massive inflows recorded in March. This segment of 32 ETFs represents $ 40,2 Bn of assets under management.