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Treasury ‘Tantrum’ Erases $14 Billion ETF’s Pandemic RallyTreasury ‘Tantrum’ Erases $14 Billion ETF’s Pandemic Rally
The $14 billion iShares 20+ Year Treasury Bond ETF (TLT) has plunged 11% this year as long-dated Treasury yields climbed, fueled by building wagers on a rebound in inflation.