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TLT Bond ETF Falls to 19-Month Low as Yields Surge Past 5%

TLT Bond ETF Falls to 19-Month Low as Yields Surge Past 5%

TLT Bond ETF Falls to 19-Month Low as Yields Surge Past 5%, The iShares 20+ Year Treasury Bond ETF (TLT) dropped to $83.97, its lowest level since October 2023. This decline followed a weak $16 billion auction of 20-year U.S. Treasury bonds, which raised concerns about the government’s growing debt. The 30-year Treasury yield rose to 5.08%, the highest since October 2023, making existing bonds less attractive. As a result, investors sold off long-term bonds, causing TLT’s price to fall. The ETF’s price is now down 6.24% over the past year.

Key Facts: TLT Bond ETF Falls to 19-Month Low as Yields Surge Past 5%

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Source: Benzinga, Yahoo Finance

Tags/Keywords: TLT, Treasury Bonds, Bond Yields, U.S. Debt, Inflation, ETF, Bond Market

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