The first two months of the year saw money flowing into U.S. government debt ETFs, as investors were not scared off by the Fed taper.
But that trend came to a halt quickly as investors removed $10.3 billion in March from ETFs. That was the largest one-month outflow since December 2010.
The iShares 1-3 Year Treasury Bond ETF (NYSE: SHY) was the leader in withdrawals as it lost one-third of its assets under management during the month. The total outflows for the month of March totaled $3.9 billion. The $7.9 billion ETF was the victim of the Fed implying that interest rates will be increased six months after ...
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