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A brutal bond market sell-off wreaks havoc on one of fixed income's most popular ETFs

The U.S. Treasury building in Washington, D.C., on Friday, March 19, 2021.
Samuel Corum | Bloomberg | Getty Images

Things are getting pretty bad for 30-year Treasury bonds, the prices for which are plumbing depths not seen since the early days of the Covid crisis.

Specifically, a popular ETF that tracks the long bond continues to see a price plunge that has carried it to a year-to-date slide of more than 18%.

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