Watching TLTW

[Mark2024]

As the interest rate is going up, the bond funds could continue to go lower. But the yield should be higher, right?

The price of TLTW is a 52 week low and the yield stands around 18%.

Thinking of jumping in to start a position. Anyone else is watching this ETF?

 

[braumeister]

Post moved to proper forum.

 

[pb4uski]

Not me. I invest in fixed income for fixed income, not for capital gains and mostly in maturities less than 10 years, though I do have some 6% long callable agency bonds.

If I invested in 20 year bonds then it would be something to consider. If the ield curve normalizes by the long end increasing and the short end falling, wouldn't the 20 year get crushed?