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Friday’s ETF To Watch: iShares Short-Term U.S. Treasury Bond Fund (SHY)

By: ETFdb
The latest round of issues in Greece has reignited demand for safe havens across the board. The highly indebted nation appears on the verge of default unless austerity measures are swiftly passed and another bailout is received from richer nations in the euro zone. While these measures seemed relatively certain to pass a few weeks ago, European governments are now growing skeptical of Greece’s ability to survive this storm, especially considering the nation’s rock-bottom credit rating and ultra-high yields on its debt. Furthermore, the country’s Prime Minister, George Papandreou, seems unable, or at the very least unlikely, to get the country under control, even with a new coalition government. As a result, investors are growing increasingly worried that a Greek default is all but inevitable at this point, potentially setting off a chain reaction among some of the other PIIGS members. “The market is getting very, very, very nervous,” said Koen [...] Click here to read the original article on ETFdb.com. Related Posts: Friday’s ETF To Watch: iShares 1-3 Year Treasury Bond Fund (SHY) Bond ETFs: 12 Stops Along The Risk/Return Spectrum August ETF Roundup: Launches, Filings, and Closures Treasury ETFs: Filling In The Duration Spectrum Long Term Bond ETFs: One Heck Of A Rally
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