Invesco Equal Weight 0-30 Yr GovI Mutual Fund (GOVI)
Market Closed
17 Jul, 20:00
NASDAQ (NMS) NASDAQ (NMS) Primary $
26. 87
+0.05
+0.1864%
$
836.63M Market Cap
0.3% Div Yield
123,500 Volume
$ 26.82
Previous Close 
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GOVI: Rate Relief From Oil Means Middle East Tensions Are A Problem
The Invesco Equal Weight 0-30 Year Treasury ETF has a 10-year duration, making it sensitive to rate changes. Current economic data, including strong jobs and wage growth, suggest that lower rates are permitted mainly by commodity deflation. Geopolitical tensions in the Middle East pose risks to oil prices, which could disrupt economic stability and affect rate cut prospects.
Seekingalpha | 1 year ago
