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For buyers on the lookout for momentum, iShares 10-20 Yr Treasury Bond ETF TLH might be an appropriate decide. The fund simply hit a 52-week excessive — up roughly 18.1% from its 52-week low of $131.85/share.
Let’s check out the fund and its near-term outlook to realize an perception into the place it is likely to be headed:
TLH in Focus
The fund gives publicity to longer-term U.S. Treasury bonds and tracks the ICE U.S. Treasury 10-20 Yr Bond Index. It costs 15 bps in charges and has an AUM of $1.05 billion (see all Government Bond ETFs right here).
Why the Transfer?
The 30-year Treasury yield slipped to a record low level on Feb 21. The declining yields had been a results of investors’ flight for safety to bonds, as issues over slowing international financial development because of the coronavirus outbreak began escalating. The rapidly-aggravating issues are making high-yielding fixed-income investments engaging.
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