IEF Analysis (shares)

iShares 7-10 Year Treasury Bond (IEF)

I have entered a longer-term share position in IEF, an exchange-traded fund based on 7- and 10-year U.S. Treasuries.

I based the trade on Elliott Wave analysis that suggests that an end to the 5-wave price decline from the July peak of $114. The analysis, under Elliott Wave theory, suggests a large retracement to the upside. The fund pays a monthly dividend at present prices and rates of 1.82% annually.

Basically, it’s a good parking spot for unused funds, providing some dividend income and the chance of capital gains.

By Tim Bovee, Portland, Oregon, March 13, 2017


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