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Long Bond Rout Drives TLT ETF to Lows Unseen Since 2004 - iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)
The iShares 20+ Year Treasury Bond ETF fell to $81.91, its weakest level since June 2004, erasing two decades of price gains and sitting 52% below its 2020 peak.
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Long Bond Rout Drives TLT ETF to Lows Unseen Since 2004 - iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)
The iShares 20+ Year Treasury Bond ETF fell to $81.91, its weakest level since June 2004, erasing two decades of price gains and sitting 52% below its 2020 peak.
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The US Treasury Market Hasn't Been This Cheap in Decades: Here's Why - iShares 20+ Year Treasury Bond ETF
US government sold 30-year bonds at 5.216%, highest since 2001 due to supply pressure, Fed leaning hawkish, and competition from AI.