In trading on Monday, shares of the iShares U.S. Treasury Bond ETF (GOVT) fell below their 200-day moving average, reaching a low of $22.39 per share, a decrease of approximately 0.2% for the day. The ETF’s current price is $22.41, situated between its 52-week range of $21.59 and $23.14.
The breach of the 200-day moving average, noted at $22.43, highlights a significant moment for investors tracking this fund’s performance. The shares have shown volatility within this year, with the high point significantly diverging from the recent lows.
