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What the Hedge? How Are These Bond ETFs Holding Up So Well?

With the yield on the 10-year Treasury bond spiking approximately 150 basis points in 2022, advisors experienced double-digit declines in the value of some extremely popular fixed income ETFs. For example, the $82 billion iShares Core Aggregate Bond ETF (AGG) dropped 10% year-to-date through May 9,...
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