Investors added $11.85 billion to the iShares 20+ Year Treasury Bond ETF (TLT) from July through mid-October, including a record $5.3 billion in August, even though the fund is down about 5% this year. Its 30-day SEC yield has reached 5.4%, which the article says provides income equal to about 36 basis points of yield rise over a year. With an effective duration of about 15 years, a half-point rise in yields would cut the price roughly 7%. The 10-year yield climbed from 4.0% in February to 5.3% on October 5, and the article notes that hedge funds Two Sigma, Renaissance Technologies and Point72 opened new positions in the second quarter, which could leave as quickly as they arrived. October's monthly payout was $0.31 per share, down from $0.33 in August.
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SPY
• NeutralSPDR S&P 500 ETF
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/16/2026 | 763.31 |
| Change that session | -1.10% |
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