Long Treasuries Top Bond Market Returns This Year
Last year’s famine has turned to feast in the bond market in 2023 as the riskiest slice of fixed income tops year-to-date results through yesterday’s close (May 17), based on a set of proxy ETFs.
The iShares 10-20 Year Treasury Bond ETF (TLH) is the lead horse in this year’s performance race with a 4.4% gain. A close second-place performer: iShares 20+ Year Treasury Bond ETF (TLT), which is up 4.1%.