FYI: Betting on duration has been a phenomenal play for fixed income ETF investors.
The iShares 20+ Year Treasury Bond ETF (TLT)—the largest ETF to invest in U.S. Treasuries with remaining maturities of 20 years or more—has raced higher in the past year, tallying gains of 30% in 12 months.
Compare that run with that of the S&P 500’s as measured by the SPDR S&P 500 ETF Trust (SPY), which is up only 3% in the same period.
Regards,
Ted
https://www.etf.com/sections/features-and-news/treasury-etf-surges-assets-follow
