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WisdomTree Restates NAV on $2.8B Treasury Fund

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Matt Grinnell, Global Product Manager, Asset Management at Linedata talked to Ignites about reasons behind the recent NAV restatement of a bond ETF from provider, Wisdomtree.

“The Federal Reserve’s recent announcement that it would hike the interest rate from nearly zero to between 0.25% and 0.50% has impacted yields on most bond-related products”, said Matt Grinnell.