(TLT) iShares 20+ Year Treasury - Ratings and Ratios

The iShares 20+ Year Treasury Bond ETF (NASDAQ: TLT) is designed to track the performance of U.S. Treasury bonds with maturities of 20 years or more. The fund invests at least 80% of its assets in securities included in its underlying index, which measures the performance of long-duration U.S. Treasury bonds. Additionally, the fund allocates at least 90% of its assets to U.S. Treasury securities, further aligning its portfolio with the target index. This investment strategy aims to provide exposure to the long end of the U.S. Treasury yield curve, making it sensitive to changes in interest rates and macroeconomic conditions. The fund is widely used as a tool for hedging against interest rate risk and as a safe haven during periods of market uncertainty.

From a technical perspective, TLT is currently trading below its key moving averages, with the SMA 20 at 89.33, SMA 50 at 89.53, and SMA 200 at 90.86. This indicates bearish momentum in the short to long term. The Average True Range (ATR) of 1.33 suggests moderate volatility, while the last price of 87.53 is testing the lower end of its recent trading range. Support levels at 87.1 and 85.8 are critical to maintaining the current price structure, while resistance levels at 88.5, 90.1, and 91.0 pose significant barriers to upward movement.

From a fundamental perspective, TLT has assets under management (AUM) of $47,978.89 million, making it one of the largest and most liquid long-duration Treasury ETFs available. This scale provides tight bid-ask spreads and efficient trading, appealing to both institutional and retail investors. The funds performance is closely tied to the direction of U.S. Treasury yields, which are influenced by Federal Reserve policy, inflation expectations, and broader economic conditions.