TLT's Volatility Trap: Why Rate Cuts Don't Automatically Fix Bond Losses
5-year drawdown: TLT down 27.8% from 2021 peak, despite conventional wisdom on duration bondsCurrent yield: 4.55% AUM-weighted, trading at $86.09 (52-week low near $82....
Rate Cuts
TLT Volatility Decoded: Why -28.4% Loss Masks a 15% Rebound Case
TLT (Vanguard Extended-Term Treasury ETF) delivered -28.4% over 5 years but +5.5% in the last 12 months as rate expectations shifted lowerCurrent price of $86....