PIMCO 25+ Year Zero Coupon U.S. Treasury Index ETF (NYSE: ZROZ) surged 8.8% in 4 days, outperforming SPDR S&P 500 ETF Trust (NYSE: SPY) by a significant margin due to weak U.S. jobs data.
The PIMCO 25+ Year Zero Coupon U.S. Treasury Index ETF (NYSE: ZROZ) surged 8.8% in four days, significantly outperforming the SPDR S&P 500 ETF Trust (NYSE: SPY), which rose only 1.3%. This increase, driven by a drop in Treasury yields following weak U.S. jobs data, occurred between Sept. 3 and 8. The jobs report revealed only 22,000 jobs added in August, leading to expectations of Federal Reserve rate cuts. On Sept. 6, ZROZ spiked 2.7%, marking one of its largest daily gains in 2025.
Unusual Whales·