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Posted by
Two Blokes Jul 2 -
Filed in
Stock
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2 views
We see the fiscal risk premium as being priced in and think the iShares 20+ Year Treasury Bond ETF can tap into lucrative longer-term key rates. Our short-term forecast for the yield curve is bullish flattening, TLT ETF's effective duration of 15.68 means the ETF might benefit from such a scenario. The on-the-run coupon base is set quite high for 20-year+ Treasuries. Therefore, we see short-term distributions being sustained at decent levels.
