TLT is a fund that reflects the price of bonds with a maturity of 20 years. It reflects the price of the bonds but not the yield which is inversely proportional to the price. When the interest rate increases the price decreases while when the interest rate decreases the price increases in value.
It is a highly protective asset that helps diversify portfolio...
US Treasury long-term bond yields have risen significantly and sharply over the last few weeks. This is apparent in the steep fall of TLT, the long-term US Treasury bond ETF, from 145 to its two year support of 135. In fact the price touched 136 on 26 Feb'21. The price has now begun to stabilize with RSI giving bullish divergence at this long term support level of...
