Tag: Stickiness
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IEI: Jury Still Out On Inflation's Stickiness
Torsten Asmus The iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) is a long-ish duration ETF, with an effective duration of 4.42 years, meaning a decent amount of sensitivity to unitary changes in rates. We are nearing the end of rate hikes, but markets may be off their mark, even bond markets when it comes to…