iShares Barclays 20+ Year Treasury Bond Fund (ET (NYSEMKT:TLT)
CAPS Rating:
iShares Barclays 20+ Year Treasury Bond Fund (ETF)
iShares Barclays 20+ Year Treasury Bond Fund (ETF)
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I am bullish on the equities market (for at least the next 2 yrs). There is little doubt that interest rates will rise within the coming 3 yrs, and long term-treasuries would suffer the most in that climate. Furthermore, if our government continues to operate as is, we could see our credit rating drop again causing further damage to long-term treasuries.