(Replying to PARENT post)
Under-reported by who? Virtually everyone I know has been watching the Fed / FFR and the rate-hike news because it affects things like long-term treasuries very significantly.
The FFR going from 0% to 4.5% over the last year is probably the biggest, most important (and definitely well reported) piece of news... and constantly makes front-page material on most financial newspapers I've been reading.
The idea that this is somehow "underreported" is... odd... to me. The amount of commentary on rising interest rates, federal fund rates, hawks in the Fed, inverted yield curves and more suggests that the public is hyper-aware of this and the implications.
👤dragontamer🕑2y🔼0🗨️0
(Replying to PARENT post)
TLTs value went down because yields went up. This is by design, anyone who invested in TLT at zero rates should have known the yields to price function. Honestly i dont see whats to hide here in reporting ??
Can you explain what am i missing here ?
👤mnadkvlb🕑2y🔼0🗨️0
(Replying to PARENT post)
What do you mean underreported? TLT losing value isn’t news. The average duration of TLT’s US Treasurys is ~20 years—if rates go up 1%, the bond principle value goes down ~15-20%. The 20y treasury yield went from ~2% in Jan22 to 4% in Mar23, and TLT went from $150->$100 in the same time period.
Anyone who knows what TLT is likely knows about duration risk.
https://www.fidelity.com/learning-center/investment-products...
👤quickthrowman🕑2y🔼0🗨️0
(Replying to PARENT post)