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Benzinga
Benzinga
Business
Mark Putrino

This Bond ETF Shows Market Chaos

The iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) is designed to track long-term U.S. Treasury bond prices. And as you can see on the following chart, the bond market has been in a steep decline.

This is a result of rising interest rates. They decrease the value of the bonds, which causes investors to sell them. This pushes the price lower.

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