German Bund to New Highs - Time to Buy (BUND) ETF?
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It was another good day for the German Bund. Yields on German 10-year bunds hit a record low of 1.586% today.
PIMCO Germany Bond Index ETF (NYSE: BUND) could be a good way to play rise. The ETF is designed to track BofA Merrill Lynch Diversified Germany Bond Index which encompasses euro-denominated investment grade bonds issued by German entities, including sovereign, quasi-government, corporate, securitized and collateralized debt.
PIMCO Germany Bond Index ETF (NYSE: BUND) could be a good way to play rise. The ETF is designed to track BofA Merrill Lynch Diversified Germany Bond Index which encompasses euro-denominated investment grade bonds issued by German entities, including sovereign, quasi-government, corporate, securitized and collateralized debt.
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