I do the “ETF of the Week” for MarketWatch every Thursday on Chuck Jaffe’s MoneyLife Show where I highlight big movers and disappointments within the exchange traded fund market.
This week, I focused on the iShares 20+ Year Treasury Bond ETF (TLT) . Bond prices and yields have an inverse relationship. As yields on bonds rose over the past year, Treasury bonds have been pummeled.
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Full disclosure: Tom Lydon’s clients own TLT.
The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.