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iShares 20+ Year Treasury Bond ETF shows range-bound trading amid macro uncertainty, breakout expected by 2026-27

Market News
24 Mar 2026
Seeking Alpha
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Neutral
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The iShares 20+ Year Treasury Bond ETF (TLT) has experienced a frustrating period of range-bound trading since late 2023, influenced by conflicting macroeconomic factors such as labor market weakness and inflation concerns. Central bank communications and geopolitical events have kept the ETF within this range, but diminishing impact from rate cuts suggests a potential breakout by late 2026 or 2027. The analyst recommends holding or buying on weakness, anticipating upside if the Federal Reserve adopts more aggressive easing policies.

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