U.S. Aggregate Bond ETF Hit by Largest One-Day Outflow on Record
This article is for subscribers only.
Investors appear to be paring exposure to U.S. bonds as selloff pressure endures in the world’s largest debt market.
The biggest fixed-income exchange-traded fund -- the iShares Core U.S. Aggregate Bond ETF, ticker AGG -- was hit by a record $798 million outflow Monday, the largest one-day withdrawal since its September 2003 inception.