TLT is really interesting. Its a constant maturity ETF - so it is constantly buying long dated bonds, and selling them when they become short dated... so unlike a normal treasury, it does not have a "pull to par" benefit. I need to crunch the numbers, but I suspect TLT can fall and fall and fall....
TLT is really interesting. Its a constant maturity ETF - so it is constantly buying long dated bonds, and selling them when they become short dated... so unlike a normal treasury, it does not have a "pull to par" benefit. I need to crunch the numbers, but I suspect TLT can fall and fall and fall....
TLT is really interesting. Its a constant maturity ETF - so it is constantly buying long dated bonds, and selling them when they become short dated... so unlike a normal treasury, it does not have a "pull to par" benefit. I need to crunch the numbers, but I suspect TLT can fall and fall and fall....