Trader Makes $1 Million Bet on Treasury Bond ETF
This article was originally published on ETFTrends.com.
The threat of a flattening yield curve caused the capital markets to fret over an economic slowdown, but one trader saw a $1 million opportunity in the bond market, particularly the iShares 20+ Year Treasury Bond ETF (NasdaqGM: TLT). In addition to trade war worries, rising Treasury yields came back to spook the markets where the [...]