Personal Finance and Investing

iShares 20+ Year Treasury Bond ETF

https://finviz.com/quote.ashx?t=TLT&ty=c&ta=1&p=m

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Yes, U.S. Treasury bond prices—particularly long-term bonds—have experienced a significant decline since 2020, with some falling by approximately 50%.
📉 The Decline in Long-Term Treasury Bonds

The iShares 20+ Year Treasury Bond ETF (TLT), which tracks long-duration U.S. Treasuries, has seen its value drop by about 50% since its peak in 2020. This decline is attributed to rising interest rates initiated by the Federal Reserve to combat inflation.
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Similarly, the 30-year U.S. Treasury bond has experienced a peak-to-trough loss of approximately 50%, marking one of the most significant downturns in the bond market's history.
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As of the latest data, the iShares 20+ Year Treasury Bond ETF (TLT) is trading at $87.73. This reflects the substantial decline from its previous highs.

📈 Impact of Rising Interest Rates

The primary driver behind this decline is the inverse relationship between bond prices and interest rates. As the Federal Reserve raised rates from near-zero levels in 2020 to combat inflation, bond yields increased, leading to a decrease in bond prices. Longer-duration bonds are more sensitive to interest rate changes, hence their more pronounced decline.
🔍 Broader Market Implications

This downturn in the bond market has had wide-reaching implications, affecting investment portfolios and prompting discussions about asset allocation strategies in a rising interest rate environment.
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