TLT seeks to track the investment results of an index composed of U.S. Treasury bonds with remaining maturities greater than twenty years. It provides exposure to long-term government bonds.
Description: The iShares 20+ Year Treasury Bond ETF (TLT) is one of the most popular and liquid ETFs for gaining exposure to long-term U.S. Treasury bonds. Launched by BlackRock in 2002, TLT seeks to track the ICE U.S. Treasury 20+ Year Bond Index. It invests primarily in U.S. Treasury bonds with maturities of 20 years or more. TLT is widely used by investors for portfolio diversification, hedging against equity market downturns, and as a proxy for long-term interest rate movements. Its price is highly sensitive to changes in interest rates, making it a key tool for duration and yield curve strategies. The ETF has significant assets under management and high trading volume, providing excellent liquidity.