iShares sees downgrade of eight ETFs

Moody's Investors Service has downgraded the market-risk ratings of eight iShares fixed income ETFs. The eight funds are the iShares USD TIPS, USD Treasury Bond 7-10, GBP Index-Linked Gilts, Euro Government Bond 15-30, Euro Government Bond 7-10, FTSE UK All Stocks Gilts, and the Corporate Bond ETF. The downgrades are in response to increases in the price volatility of the ETFs, which are invested in longer-duration, inflation-linked and corporate securities. As a result, the market-risk rating represents Moody's view of the ETFs' expected future volatility in their net asset val...