IAGG Secures $1.9B Amidst Flat Market Closure

Reported 1 day ago

On Thursday, the iShares Core International Aggregate Bond ETF (IAGG) attracted $1.9 billion, bringing its total assets to $9.3 billion, despite a nearly flat market where the S&P 500 slipped by just 0.04%. This surge in inflows coincided with growing concerns over rising Treasury yields and increased deficit spending, while other ETFs like the iShares MSCI EAFE Value ETF and iShares 20+ Year Treasury Bond ETF also saw significant gains.

Source: YAHOO

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