TLT - iShares 20+ Year Treasury Bond ETF Investors Face Heat As Inflation Surprises | Benzinga
Investors in the iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) are grappling with unexpected challenges as inflation heats up, sending shockwaves through the bond market.
iShares 20+ Year Treasury Bond ETF, once among the most favored bond funds of 2023, has seen a dramatic reversal of fortune, plunging to fresh lows in 2024 following a string of hotter-than-anticipated inflation data releases.
Inflation Fears Spark Sell-Off In TLT
iShares 20+ Year Treasury Bond ETF, like many bond funds, witnessed a sharp decline after the release of March’s Consumer Price Index, which surpassed expectations.
The interest rate-sensitive ETF dropped 1.3%, contributing to its year-to-date decline, now standing at 9.17%. This marked a stark contrast to its performance last year when it garnered significant investor interest, attracting a staggering $24.8 billion in inflows, the most of any fixed-income ETF.
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