2 Bond ETFs That Have Had A May Meltdown

The “sell in May” phenomenon has been largely debunked this year as investors have continued to snatch up risk assets and push the market to all-time highs. Even the Fed raining on everyone’s parade this week did not introduce enough volatility to make a significant dent in year-to-date gains. However, there are two bond funds on my watch list for my income clients that have seen a significant change in their tenor over the last three weeks. These two funds are the iShares TIPS Bond Fund (TIP) and the iShares MBS Bond ETF (MBB)