The price of bond funds like TLT move in the opposite direction of bond yields, meaning lower prices equal higher yields.
TLT 1M mountain The iShares 20+ Year Treasury ETF has fallen for eight straight trading sessions.
Only two of the trading sessions have seen a decline of more than 0.5%.
One of the TLT's main competitors, the Vanguard Long-Term Treasury ETF (VGLT) , also fell for eight-straight trading sessions.
The iShares 1-3 Year Treasury Bond ETF (SHY) has only fallen in five of the past eight sessions, for example.
Persons:
Jason Goepfert
Organizations:
U.S . Treasury, Treasury Bond ETF, Treasury, Federal, White Oak Consultancy