“Why Every Trader on Earth is Watching the 10-Year Treasury Now | WDWL”
TLT has been a poor investment over the last six years, with negative compounding, and its role as a portfolio hedge is now questioned.
If you were an investor in TLT, which is a very popular longdated treasury bond ETF out of EyesShares, you compounded at almost 8% a year positive through the 2010s. It was a very good money-making investment.
In the 2020s, because real rates have exploded from being negative to being very positive, your kager, your compound annual growth rate over this decade so far has been negative 4.4%.