Fisher Investments buys $4 billion in long-term US Treasury bonds through BlackRock ETF

On August 20, Fisher Investments bought US $4 billion of long-term US bonds through BlackRock's ETF, which invested in US treasury bond bonds with maturities of 20 years and above. In the same period, another treasury bond bond fund of BlackRock with a shorter average term experienced a similar outflow of funds. A spokesperson for Fisher Investments stated that due to its fiduciary responsibility to its clients, the company is unable to comment on individual securities.