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NASDAQ:TLT
iShares 20+ Year Treasury Bond ETF (TLT)
82.05
-0.29 (0.35%)
as of Aug 21, 2026, 8:00:00 pm Market Open.
147 watching
Financials 
Technical Analysis 0
Investor Insights
Aug 23, 2026, 12:00 amThis summary was created by AI, based on 5 opinions in the last 12 months.
The iShares 20+ Year Treasury Bond ETF (TLT) has received mixed reviews from various experts in the investment community. Some analysts view it as a strong investment during market downturns, emphasizing that long-term bonds can be attractive when yields rise. However, caution is advised due to potential inflation pressures that could undermine its performance. While some recommend maintaining a small position in TLT, concerns about double taxation for Canadian investors are also noted. Overall, it seems the ETF appeals to high-risk investors with a long-term horizon, despite the possibility of short-term losses and uncertainties in the bond market.
Consensus
Cautious
Valuation
Fair Value
Similar
BND-Q
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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Premium contentPAST TOP PICK
(A Top Pick Oct 19/21, Down 6.5%)Stockchase Research Editor: Michael O’Reilly Our PAST TOP PICK with TLT has triggered its stop at $135. To remain disciplined, we recommend covering the position at this time. This will result in a net investment loss of 5%, when combined with the previous buy recommendation.
E.T.F.'s
Premium contentTOP PICK
Stockchase Research Editor: Michael O'Reilly We reiterate TLT as a precautionary holding, to protect in the event of another market retracement. TLT is an ETF that represents US 20 long term treasury bonds of a term of 20+ years. Yields on long term treasuries have rebounded back to 2.00% making this another good entry point. We now recommend setting a stop loss at $135. Yield 1.51%
E.T.F.'s
PAST TOP PICK
(A Top Pick Jul 06/20, Down 15%) This was a hedge against the market falling during Covid last year. TLT is the best hedge to the Canadian long stock investor. TLT holds long-dated US treasuries (in USD). When things go pear-shaped in late 2018 or March 2020, TLT does very well, because there's a rush to market safety. Also, TLT will reduce market volatility. He still holds this, but sold part of it. The consensus now is that there will be sustained inflation moving forward. TLT should continue to do well. He expects this to fall round $120 and would add to his holdings here. The bond bull market is not over, he feels, though many do.
Jason Del VicarioOwned
E.T.F.'s
Premium contentTOP PICK
Stockchase Research Editor: Michael O'Reilly TLT is an ETF that represents US 20 long term treasury bonds of a term of 20+ years. Yields on these treasuries have been rising steadily since the pandemic based market collapse last March from under 1.00% to 2.25% now. This is a precautionary holding, to protect in the event of another market retracement. With the S&P500 trading at 22.4x earnings the market is at risk to correction if this season's reported earnings disappoint. As we consider this a hedge, we do not set a target or stop-loss, but instead will monitor trends in the underlying yield as a signal. Yield 1.61%
E.T.F.'s
PARTIAL BUY
Duration is an asset class. Have been adding to TLT as yields are rising. In the back half of the year, we will see Feds step up purchases of longer term bonds. Don't look for it to get back to ATH. It will probably peak around $150-155. Trade duration as an asset class. It depends how willing the Feds are to step up purchases. Be active and trade. Don't invest.
E.T.F.'s
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