Stock Market Today: Dow drops over 300 points, oil jumps as Middle East tensions escalate
Investors were piling into bond exchange-traded funds on Tuesday as tensions in the Mideast ramped up.
Shares of the roughly $62 billion iShares 20+ Year Treasury Bond ETF hit a 1.25% intraday high, its biggest intraday jump since Sept. 4, according to Dow Jones Market Data. It has since eased back to about 1.1%.