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📊 Treasury ETFs faced pressure on Wednesday Quality corporate bonds showed strength amid general weakness. Investment grade led with $LQD +0.23%, followed by high-yield: $HYG +0.2%, $JNK +0.19%. Treasury duration suffered with $IEI -0.12% and $TIP -0.15%. 🔎 Our take: We see bullish momentum in $LQD and $HYG despite negative sentiment, while $IEI and $TIP show bullish momentum with positive sentiment.