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Apr 3, 01:19 PM
Economics
Business

iShares 20+ Year Treasury Bond ETF ($TLT) Hits Lowest Price Since December Amid Market Pressure, 2.6% Move Expected by April 26th

Authors
  • Keith McCullough
  • Scott Redler
  • Barchart
5

The price of the iShares 20+ Year Treasury Bond ETF ($TLT) has dropped significantly, reaching its lowest point since early December. Over the past few days, $TLT has been under pressure, with a nearly 5% decline in the last 3 weeks. Market expectations indicate a 2.6% move by April 26th, influenced by upcoming economic events like the Non-Farm Payrolls (#NFP) and Consumer Price Index ($CPI) reports. Traders are observing $TLT closely, with some noting the impact on the bond market.

Written with ChatGPT (GPT-3).

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