TLT Hits 52-Week Low, Yet Billions Pour In: Is Long-Duration Treasury ETF Becoming an ‘Ice Cream’ Trade?
The iShares 20+ Year Treasury Bond ETF NASDAQ:TLT closed Thursday at $77.71, after touching an all-time low of $76.76. The ETF has fallen about 15.7% from its 52-week high of $92.19.Yet investors continue buying the dip even as the bond market suffers one of its sharpest selloffs in decades, creati…
The iShares 20+ Year Treasury Bond ETF NASDAQ:TLT closed Thursday at $77.71, after touching an all-time low of $76.76. The ETF has fallen about 15.7% from its 52-week high of $92.19.Yet investors continue buying the dip even as the bond market suffers one of its sharpest selloffs in decades, creati…
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