The U.S. bond market and bond ETFs staged a strong rally today as stocks declined in response to the weak job report and ongoing concerns over the resurgent debt crisis in Europe.
Most bond ETFs tracked higher as market participants look towards the weekend.
iShares Barclays Treasury Inflation Protected Securities Bond Fund ETF (NYSEARCA:TIP): +0.14%, This ETF seeks to track the performance of the Barclays Capital U.S. Treasury Inflation Protected Securities (TIPS) Index. The Barclays Capital U.S. Treasury Inflation Protected Securities (TIPS) Index reflects the performance of the inflation-protected sector of the United States Treasury Market.
iShares Barclays 20+ Year Treasury Bond Fund ETF (NYSEARCA:TLT): +0.90%, This ETF seeks to track the performance of the 20+ Year United States Treasury Bond Market as reflected by the Barclays Capital 20+ Year Treasury Bond Index. The Barclays Capital 20+ Year Treasury Bond Index tracks the performance of US Treasury Bonds with over 20+ years of remaining maturity. 20+ Year Treasury ETF (NYSERACA:TBT) tracks the inverse, 2X performance of the index on a day to day basis.
Corporate Bonds ETF Update:
iShares iBoxx $ Investment Grade Corporate Bond Fund ETF (NYSEARCA:LQD): +0.28%, This ETF tracks the overall corporate bond market as reflected by the iBoxx $ Investment Grade Corporate Bond Index. The iBoxx $ Investment Grade Corporate Bond Fund Index seeks to reflect the performance of US dollar denominated corporate bonds available for sale in the United States.