NEW YORK, March 1 BlackRock's iShares 20 Plus
Year Treasury bond exchange traded fund was poised on
Wednesday for its biggest single-day loss prompted by a bond
market selloff spurred by growing expectations of an
earlier-than-expected U.S. interest rate hike.
The ETF, which had $5.2 billion in assets at the end of
January, was at $119.41 a share in late trading, down 1.7
percent on the day. This would be its steepest one-day drop
since a 4.2 percent drop on Nov. 9, the day after the U.S.
election when Donald Trump defied polls and won the White House
over Hillary Clinton.
(Reporting by Richard Leong; Editing by James Dalgleish)