Safe-Haven ETFs Jump as 10-Year Yield Hits 2%
September 02, 2011 at 16:41 PM EDT
Exchange traded funds that invest in safe havens such as U.S. Treasury bonds rallied Friday after the dismal August nonfarm payrolls report that showed job growth stalled last month. Yields on the 10-year note briefly fell below 2% as investors flocked to U.S. government bonds despite the recent...