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BUSINESSBloomberg Markets·3h ago

Investors Shed Mortgage Bond ETFs At Fastest Rate Since 2020

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AI TLDR · GEMINI

Investors are selling mortgage bond funds at the fastest rate in over six years. The sell-off is driven by significant increases in bond yields.

Investors are selling mortgage bond funds at the fastest clip in more than six years as the debt takes a hit from big jumps in yields.

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