Market Wrap

Market Wrap - Stock pick — US Treasury ETF


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Ian Cruickshanks from the SAIRR chose a US Treasury ETF "What I would like to look at is an ETF with its major holdings in US Treasury. I think that they have come wholaping down with their yield from 1.8% to just over 1% in a matter of weeks. That is a huge move and perhaps it won’t be too much in the short term but I think with the outlook of the global markets and the global economy I really feel that the ETF is one of the last safe havens where it will accumulate funds."
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Market WrapBy Business Day TV