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Allspring Broad Market Core Bond (AFIX) Enters Oversold Territory

Source: Nasdaq

Market Technicals & FlowsCredit & Bond Markets

Allspring Broad Market Core Bond ETF (AFIX) traded as low as $23.705 on Thursday and entered oversold territory based on its Relative Strength Index (RSI). The signal indicates recent technical selling pressure in the bond ETF, but the article provides no fundamental catalyst or broader fixed-income market implication.

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