iShares 7-10 Year Treasury Bond ETF Surpasses Key Moving Average

On Wednesday, the iShares 7-10 Year Treasury Bond ETF (Symbol: IEF) saw its shares rise above the important 200-day moving average, previously set at $94.73. The trading peaked at $94.85 each, marking a slight increase of about 0.2% for the day. Below, you can see a chart illustrating the performance of IEF shares over the last year compared to the 200-day moving average:

Examining the chart, IEF reached a 52-week low of $91.02 per share, with its peak hitting $99.18. Currently, its last trade sits at $94.70.

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Click here to see nine other ETFs that have recently crossed above their 200-day moving average »

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