iShares 20+ Year Treasury Bond ETF

TLT

Market cap $47.4B

I view iShares 20+ Year Treasury Bond ETF as a hold, given balanced risk-reward and heightened uncertainty in 2026. Despite three Fed rate cuts in 2025, TLT's price action has been muted, signaling diminished safe-haven demand. Record U.S. debt and persistent inflation challenge the traditional 'flight to quality' thesis for TLT in recessions.

A massive policy shift just sent an unexpected signal to income investors. Some of the biggest winners from Trump's defense budget proposal may not be who everyone thinks they are. My portfolio was built for this, and the market hasn't noticed yet.

As we near the end of 2025, plenty of investors will undoubtedly be looking at ways to rebalance or reallocate funds within their portfolios.

The iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT ) doesn't have the prettiest chart when you look back at the past few years.

Cooling November inflation revives rate-cut bets. Investors eye TLT, GLD, SPYG and high-income ETFs like VYM, SDIV, KNG and DIV.

Most dividend stocks and dividend ETFs pay quarterly, and this creates awkward gaps if you're trying to cover monthly expenses.

Dividend ETFs may be the best investment you can make today.

The market has "pent up volatility" ahead of the FOMC's interest rate decision, says @Theotrade's Don Kaufman. He warns investors to brace for big moves in the hours and days following the announcement.

Rising yields globally combined with Fed uncertainty have weighed on the U.S. government debt market.

VCLT charges a much lower expense ratio and offers a higher yield than TLT. VCLT has experienced smaller drawdowns and lower volatility, but its holdings are concentrated in corporate rather than Treasury bonds.