30-Year Treasury Yield Rises, Impacting Major Bond ETF TLT
The rising 30-year Treasury yield is pushing the iShares 20+ Year Treasury Bond ETF (TLT) toward pre-2007 levels. As yields increase to above 5%, bond prices fall due to inverse correlation, affecting long-term government bonds and potentially influencing broader financial markets including mortgages and stock valuations.
Tickers: $TLT