Investors Flock to a Popular Long-Term Bond ETF

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Rising interest rates are hindering long-dated fixed income traded funds, including the iShares 20+ Year Treasury Bond ETF (NASDAQ: TLT), but some yield-hungry investors are renewing their affinity for TLT. The $9.31 billion TLT “seeks to track the investment results of an index composed of U.S. Treasury bonds with remaining maturities greater than twenty years,” [...]

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