Ishares Floating Rate Bond is slightly up on the day, it isn't making a very strong move but still up 0.11%. We'll see if it can keep moving up or not.
Ishares Floating Rate Bond doesn't seem to be at a very clear reversal point in either direction. FLOT hasn't established a very clear directional momentum over the last few months. So it's not clear exactly where it's going. FLOT might find some support at the 50.57 level, buyers might push the price back up from here. But it's not very clear what will happen.