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Market Impact: 0.18

PULS Makes Notable Cross Below Critical Moving Average

Source: Nasdaq

Interest Rates & YieldsCredit & Bond MarketsMarket Technicals & Flows

PGIM Ultra Short Bond ETF (PULS) traded down ~0.3% Monday and crossed below its 200-day moving average at $49.66, with shares touching as low as $49.54. This is a bearish technical shift, but the move appears modest in magnitude and likely limited to near-term positioning rather than fundamentals.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.15

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