Last week on Thursday the iShares 20+ Year Treasury Bond ETF (TLT) saw its second-largest inflow since inception. The inflows reached $1.5 billion but more than half of it came from a single transaction totaling $851 million. Although the inflows aren’t the biggest for TLT or an ETF, U.S. fixed income ETFs have seen the highest YTD inflows when compared to previous years.
ETF Newz Says:
The mass inflows to TLT can possibly signal a shift in the market as investors prepare for a recession.