FYI: Someone is betting big on long-dated Treasury ETF.
Over the past week, there have been massive inflows into the iShares 20+ Year Treasury Bond ETF (TLT), which tracks U.S. government debt with maturities of 20 years or more.
As of Thursday, April 25, investors had poured $2.1 billion in new net money into TLT in a single week, bringing the fund's total assets under management to $12.6 billion.
Regards,
Ted
https://www.etf.com/sections/features-and-news/etf-week-big-bets-long-treasuries
