Published on 15 Apr 2024 on Benzinga
...Year Treasury Bond ETF (NASDAQ:IEF), iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)
U.S. Treasury yields have reached their highest levels since mid-November 2023, driven by a mix of economic resilience, persistent fiscal spending and resuming inflationary pressures.
These factors are steering the market’s expectations away from earlier predictions of imminent Federal Reserve rate cuts, significantly impacting the cost of issuing U.S. government debt.