TIGER U.S. Ultra-Short Treasury Bond ETF

Korean investors bought $218m of three-month Treasuries in the month before the ten-year cleared 5%

The 10-year traded at 5.039% on the 15th, its highest since July 2007, after Saudi Arabia closed an alternative crude shipping route and oil passed $100. Eighty-five percent of the economists Reuters polled now expect a September Fed hike.