TLT - iShares 20+ Year Treasury Bond ETF
Long-Term Government Bonds
TLT holds long-duration U.S. Treasury bonds. Its movements are highly sensitive to:
- Inflation expectations
- Federal Reserve policy
- Economic growth forecasts
- Safe-haven demand
TLT rises when long-term Treasury yields fall, which often occurs during:
- Recession fears
- Deflationary pressure
- Risk-off environments
- Expectations of future rate cuts
TLT falls when yields rise, often because of:
- Persistent inflation
- Strong economic growth
- Heavy government borrowing
- Hawkish monetary policy
The relationship between SPY and TLT is especially important. If both fall simultaneously, markets may be worried about “stagflation” — weak growth combined with persistent inflation.
Weekly Trend (Long Term)
Daily Action (Short Term)
