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Treasury ETF Investors Wrong-Footed as Yields Rise

The iShares 20+ Year Treasury Bond (NYSEArca: TLT) is down more than 4% so far in May, leaving investors who have recently piled into U.S. government bond ETFs hurt by rising Treasury yields. For example, Treasury bond ETFs gathered $1.4 billion in the most recent week ended May 8, the most ever,...
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