Dow Jones, Volatility, Treasury ETF Fund Flows Post-FOMC
2021-04-29 20:00:00
Izaac Brook,
Dow Jones, Volatility, Treasury ETF Fund Flows Talking Points:
Dow Jones ETF DIA has seen little activity as the Dow consolidates near ATHs.
Volatility ETF VXX saw largest one-day inflow since summer 2020.
20yr+ Treasury ETF TLT has seen large outflows as the long end of the curve moves up.
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Dow Jones, Volatility, Treasury ETF Fund Flows Post-FOMC
After breaking above the pre-pandemic highs in November and climbing above the 30,000 level for the first time, the Dow Jones continued its upward journey in 2021. Volatility-related hiccups in late January and early March were quickly brushed to the side as the Dow climbed higher, hitting the 34,000 level for the first time in mid-April. Since then, the Dow has traded mostly sideways, remaining between 33,700 and 34,200.