SPDR Barclays Capital International Treasury Bond (ETF)
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Fixed-Income ETFs Rally Despite Europe's Pending Recession
By dpricevan - February 6, 2012 | Tickers: SPY, BWX, WIP
It was recently announced by the World Bank, and backed by the International Monetary Fund, that the looming recession facing European nations would slow global economic growth, according to the Associated Press.
“In its annual report, the bank substantially cut its forecasts for growth in both developed and poorer nations. It now projects that the global economy will expand 2.5 percent this year and 3.1 percent in 2013 more »