The iShares 20+ Year Treasury Bond ETF (TLT) has lost more than 40% of its value since its August 2020 peak, even after accounting for monthly distributions. This decline highlights the risks of holding long-duration bond funds, which have no maturity date and are vulnerable to rising interest rates. Unlike individual bonds that return principal at maturity, TLT continuously rolls over bonds, meaning its price remains depressed if rates stay high. Investors seeking long-term Treasury exposure might consider cheaper alternatives like Vanguard's VGLT or SPDR's SPTL, which have similar interest-rate sensitivity but lower fees.
Options traders have been buying bullish calls on the iShares 20+ Year Treasury Bond ETF (TLT) throughout the summer, signaling expectations of a rally in long-duration bonds despite rising yields. On Tuesday, over 175,000 calls were purchased compar...
Theralase Technologies has completed a brokered private placement, raising C$3.56 million by issuing 14.8 million units at C$0.24 each. The funds will support toxicology studies and clinical development of its cancer and antiviral drugs, including Ru...
