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Monday
Nov072011

Fixed Income ETFs Bounce Back

As shown in the charts below, after falling from overbought levels in September, fixed income ETFs have bounced back.  The Aggregate Bond Fund ETF (AGG), 7-10 Year Treasury ETF (IEF) and 20+ Year Treasury ETF (TLT) are all now trading back above their 50-day moving averages, and they didn't end up doing too much technical damage to their chart patterns during the downturn.  The Treasury Inflation Protected Securities (TIP) ETF -- which yields a level that protects against inflation -- has bounced back the most of all and is already right at its old highs.

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