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NASDAQ:TLT
iShares 20+ Year Treasury Bond ETF (TLT)
86.73
-0.02 (0.02%)
as of Jun 18, 2026, 11:45:17 pm Market Open.
61 watching
Financials 
Technical Analysis 0
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Premium contentTOP PICK
Stockchase Research Editor: Michael O'Reilly We again reiterate TLT, a low MER defensive ETF holding 20-30 year US treasuries, as a TOP PICK. As interest rates are expected to be nearing peak values this is a good time to add to the original entry. We recommend trailing up the stop-loss (from $92) to $100 at this time looking to achieve $150 – upside potential 40%. Yield 2.49%
E.T.F.'s
Premium contentTOP PICK
Stockchase Research Editor: Michael O'Reilly During a period of market uncertainty we again reiterate this defensive low MER ETF as a hedge against a pending recession as a TOP PICK. It holds 20-30 year US treasuries. As interest rates are expected to be nearing peak values this is a good time to add to the original entry. US 30 year treasury yields remain within 75 bps of the levels reached prior to the 2008 financial crisis. We continue to recommend a stop-loss at $92, looking to achieve $150 – upside potential over 40%. Yield 2.5%
E.T.F.'s
Premium contentTOP PICK
Stockchase Research Editor: Michael O'Reilly We reiterate this defensive holding as a hedge against a pending recession as a TOP PICK. It holds 20-30 year US treasuries. As interest rates are expected to be nearing peak values this is a good entry. US 30 year treasury yields remain within 50 bps of the levels reached prior to the 2008 financial crisis. We recommend trailing up the stop-loss (from $80) to $92, looking to achieve $150 – upside potential over 40%. Yield 2.4%
E.T.F.'s
TOP PICK
A long volatility strategy. Down 30% from its high. Continue to hold. Don't look at the day-to-day moves, look for big exponential moves. The only 2 long volatility strategies left are gold and long bonds. This is only the third time in the last 100 years that both gold and bond prices are going down at the same time. The last 2 times this happened, major monetary events happened. Something's about to break or change monetarily, though we don't know what that is. This situation cannot continue. A major policy response needs to happen fairly quickly. Upcoming US mid-terms are reminiscent of 1994, the Contract with America, and the top of the bond market. That was the last treasury bear market until this year, an eerily similar setup.
Brian Acker, CAOwned
E.T.F.'s
Premium contentTOP PICK
Stockchase Research Editor: Michael O’Reilly A good defensive holding as a hedge against a pending recession. It holds 20-30 year US treasuries. As interest rates have risen it has naturally gone down in value. US 30 year treasury yields are within 50 bps of the levels reached prior to the 2008 financial crisis. We recommend placing a stop-loss at $80, looking to achieve $150 – upside potential of 60%. Yield 2.6%
E.T.F.'s
BUY
The market thought the Fed pivoted, so the market rallied. But what happens if the Fed doesn't engineer a slowdown? Well, they will slam on the brakes by hiking rates hard. The Fed has burst some bubbles, like cryptos, but more need to be burst. He bought bonds for the short-term. TLT is probably the place to be.
Brian KellyOwned
E.T.F.'s
BUY
Best ETF to get exposure to 30-year Treasury bonds. Trades 20 to 30 years fixed income. This is the one he uses. More aggressive option with 25+ year maturity remaining is ZEROZ-N. ZTL-T is also an option in Canada that can allow to hedge the currency risk. Keep in mind that if inflation wins and Fed misses, you don't want to hold long bonds.
E.T.F.'s
PAST TOP PICK
(A Top Pick Mar 17/22, Down 6%) We'll get deflation first, he thinks, then hyperinflation. TLT is there for emergencies, like massive deflation, when TLT will rally, then he would take gains. These are long-volatility assets that could do spectacularly in the future.
Brian Acker, CAOwned
E.T.F.'s
TOP PICK
In his portfolio, he's put equal measures of PHYS and TLT. Buy this with USD. This and gold are the only 2 asset classes left that can play the long volatility strategy. If you have the two together, it eliminates all possibilities. If we have major deflation, gold will get hit, but TLT will go spectacularly up. Or vice versa, if we have hyper-inflation.
Brian Acker, CAOwned
E.T.F.'s
PAST TOP PICK
(A Top Pick Mar 08/21, Down 0.9%) Believes best hedge against equities for Canadian investors.
US Treasury is one of highest quality investments available.
If/when equity markets drop, believes shares will rise.
If looking to reduce volatility, will be a good investment.
Jason Del VicarioOwned
E.T.F.'s
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He has no idea whether it will outperform equities in 2023. This is too short a time horizon for him to comment. If you feel that interest rates and inflation are likely to stay low for the next 5-10-15 years, absolutely long-dated government debt will provide you with the best bang for your buck. Canadian investors benefit not only from the price going up if rates and inflation go down, but typically the USD gains against the CAD so you get a boost from the currency translation. You also get an interest payment of 3-4%. For people who don't need the money for 5 years, fixed income still plays an important role in an investment portfolio.