In a rare turn of events, bond funds are a hot item now. Yet, unwary traders could end up getting trapped if they buy the iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT). I am bearish on TLT stock, and unfortunately, I expect that some investors will end up losing money because they don’t really know what TLT is or does.
I’m informally calling it TLT stock, but actually, it’s an exchange-traded fund. The fund is managed and operated by established ETF provider iShares.
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