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 compared to fewer puts, with a notable bullish call spread trade indicating confidence in a price increase. This rally would imply lower long-term Treasury rates, benefiting equity investors. The TLT ETF rose to its highest level since late July, while corporate bonds also strengthened. Investors await key economic data and events this week, including inflation figures, Nvidia earnings, and the Jackson Hole Symposium.
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 maturit...
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...
