TLT Falls Below $82, 22‑Year Low Amid Yield Surge
The iShares 20+ Year Treasury Bond ETF slipped under $82 per share, its lowest level since 2004, as long‑term yields surged. The fund has shed more than 50% from its 2020 peak and its assets dropped from $64.5 B to $41.6 B, forcing risk‑averse investors into shorter‑duration alternatives.