In Stark Reversal, Popular Treasury ETF Hemorrhaged Record $1.2 Billion During Bond Rout

In Stark Reversal, Popular Treasury ETF Hemorrhaged Record $1.2 Billion During Bond Rout

Late last week, while documenting the bloodbath in bonds that pushed 10-year yields in the US higher by more than 20bps amid ostensible progress on trade and (possibly misplaced) optimism that the worst is over for the global economy, we noted that TLT suffered one of its worst weeks since the election. Specifically, the vehicle plunged more than 4% over the five-day stretch, a painful loss, albeit one retail bond longs can certainly afford given what kind of year it's been. TLT is still up mo
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