SPDR Barclays Long Term Treasury ETF (TLO) - NYSEARCA
  • Fri, May 13, 2:31 PM
    | Fri, May 13, 2:31 PM | 6 Comments
  • Mon, May 2, 10:21 AM
    | Mon, May 2, 10:21 AM
  • Fri, Apr. 29, 10:13 AM
    • The Chicago PMI slipped to 50.4 in April from 53.6 previously. Expectations had been for just a marginal decline.
    • The fall was led by New Orders, which dipped to their lowest level since December. Backlogs saw a double-digit decline, and employment fell back into the contraction zone below 50.
    • Production, meanwhile, posted a small rise, while supplier deliveries jumped to the strongest level since October 2014.
    • Chief Economist of MNI Indicators Philip Uglow: “This was a disappointing start to the second quarter ... panelists are now more worried about the impact a rate hike might have on business than they were at the same time last year.”
    • Full report here
    • The 10-year U.S. Treasury yield has dipped a bit since the print, but is still higher by 2 bps on the session to 1.84%. TLT -0.35%, TBT +0.7%.
    • ETFs: TBT, TLT, TMV, TBF, EDV, TMF, TTT, ZROZ, VGLT, TLH, SBND, UBT, DLBS, TLO, LBND, VUSTX, TYBS, DLBL
    | Fri, Apr. 29, 10:13 AM | 14 Comments
  • Tue, Apr. 26, 1:05 PM
    • It's not the news that matters, say traders, it's the way markets react. If so, then long-dated Treasurys are firmly ensconced in a bear move as the 10-year yield climbs to 1.94% despite soft reads this morning on durable goods and consumer confidence.
    • Tomorrow will see the results of the FOMC's two-day meeting, and the policy statement will be studied for clues about the chances of a June rate hike.
    • Also at work is oil - it's up more than another 3% today, and now selling for more than $44 per barrel.
    • TLT -0.35%, TBT +0.7%
    • ETFs: TBT, TLT, TMV, TBF, EDV, TMF, TTT, ZROZ, VGLT, TLH, SBND, UBT, DLBS, TLO, LBND, VUSTX, TYBS, DLBL
    | Tue, Apr. 26, 1:05 PM | 1 Comment
  • Tue, Mar. 15, 9:34 AM
    • Core retail sales fell 0.1% in February, beating expectations for a 0.2% decline, but January's core retail sales was revised from a gain of 0.1% to a drop of 0.4%. On balance, we'll call the report a miss.
    • Lower already, the 10-year Treasury yield dipped another couple of basis points to 1.91% following the print. It's since bounced back to 1.94%, off three basis points on the session.
    • In other economic news, the Empire State Survey printed positive for the first time in eight months, and the FOMC begins its two-day meeting today, at which no change in monetary policy is expected.
    • TLT +0.55%, TBT -1.1%
    • ETFs: TBT, TLT, TMV, TBF, EDV, TMF, TTT, ZROZ, TLH, SBND, VGLT, UBT, DLBS, TLO, LBND, DLBL, TYBS, VUSTX
    | Tue, Mar. 15, 9:34 AM
  • Tue, Mar. 8, 2:24 PM
    • Equity markets are only down modestly, but Treasury yields are tumbling following brutally weak trade data out of China overnight. The price are crude oil is in retreat as well, off 3.2% to $36.70 per barrel.
    • The 10-year Treasury yield is off a full nine basis points to 1.82% and the 2-year down 4.4 bps to 0.87%.
    • Those yields positively tower over much of the rest of the industrialized globe, particularly Japan, where the 10-year JGB yield slid four basis points to negative 0.099% - a new all-time low.
    • TLT +1.3%, TBT -2.6%
    • ETFs: TBT, TLT, TMV, TBF, EDV, TMF, TTT, ZROZ, TLH, SBND, VGLT, UBT, DLBS, TLO, LBND, DLBL, TYBS, VUSTX
    | Tue, Mar. 8, 2:24 PM
  • Wed, Mar. 2, 8:31 AM
    • Private-sector payrolls gained 214K in February, according to the ADP. That's against expectations for a 185K gain and January's addition of 193K (revised down from 205K).
    • December's originally-reported 257K job gain was revised higher to 287K, and November's 217K gain revised down to 193K.
    • The average job gain over the past three months of 231K compares to 180K in the previous three months. Should Treasury bulls reassess their positions?
    • The 10-year Treasury yield jumped in the immediate aftermath of the report, but is now just one basis point higher at 1.84%. TLT +0.1% premarket
    • Full report
    • ETFs: TBT, TLT, TMV, TBF, EDV, TMF, TTT, ZROZ, TLH, SBND, VGLT, UBT, DLBS, TLO, LBND, DLBL, TYBS, VUSTX
    | Wed, Mar. 2, 8:31 AM | 6 Comments
  • Wed, Feb. 24, 10:17 AM
    • Manufacturing isn't of great import in today's U.S. economy goes the bullish argument alongside the fall of manufacturing PMIs into contraction zone.
    • What then to make of the services PMI diving to 49.8 in February from 53.7 the previous month (and vs. expectations for no change)?
    • Alongside that was a far steeper than expected decline in new home sales in January.
    • The S&P 500 is lower by 1.3% and the Nasdaq by 1.5%.
    • The 10-year Treasury yield has tumbled all the way to 1.66%. TLT +1.2%, TBT -2.4%
    • ETFs: TBT, TLT, TMV, TBF, EDV, TMF, TTT, ZROZ, TLH, SBND, VGLT, UBT, DLBS, TLO, LBND, DLBL, TYBS, VUSTX
    | Wed, Feb. 24, 10:17 AM | 8 Comments
  • Fri, Feb. 19, 8:51 AM
    • Core CPI was up a perky 0.3% in January vs. 0.2% in December and 0.2% expected. On a year-over-year basis, core CPI gained 2.2%, while overall CPI was higher by 1.4%.
    • In other fixed-income related news, hawkish Cleveland Fed boss Loretta Mester doesn't disappoint her fans, saying the economy remains strong and she continues to expect a gradual series of rate increases.
    • Lower earlier, the 10-year Treasury yield is now up four basis points to 1.78%. TLT -0.15%, TBT +0.3% premarket
    • ETFs: TBT, TLT, TMV, TBF, EDV, TMF, TTT, ZROZ, TLH, SBND, VGLT, UBT, DLBS, TLO, LBND, DLBL, TYBS, VUSTX
    | Fri, Feb. 19, 8:51 AM | 8 Comments
  • Thu, Feb. 11, 7:45 AM
    • The global stock market plunge is intensifying this morning, with Europe down nearly 3% and U.S. index futures almost 2%. Hong Kong fell 3.85% after returning from holiday. Shanghai and Tokyo were closed.
    • The 10-year Treasury yield is lower by ten basis points to 1.57%. Maybe even more interesting, the January 2017 contract for Fed Funds futures has risen to exactly the same price as the Feb 2016 contract - meaning traders are putting 100% probability on no Fed rate hikes this year. It'll be even more fun when the Jan 2017 contact moves ahead of Feb 2016 - meaning the pricing in of a chance of a rate cut even as the Fed insists tighter policy is still necessary.
    • Up later is day two of Janet Yellen's Congressional testimony. Will she change for positive tone?
    • TLT +1.65%, TBT -3.3% premarket
    • ETFs: TBT, TLT, TMV, IEF, TBF, EDV, TMF, PST, TTT, ZROZ, TLH, SBND, VGLT, IEI, TYO, UBT, DLBS, DTYS, UST, TLO, VGIT, TBX, SCHR, GSY, TYD, LBND, ITE, DTYL, DLBL, TYBS, VUSTX, DFVL, TBZ, DFVS, TYNS
    | Thu, Feb. 11, 7:45 AM | 5 Comments
  • Fri, Jan. 29, 8:40 AM
    | Fri, Jan. 29, 8:40 AM | 8 Comments
  • Wed, Jan. 20, 8:44 AM
    • With global markets in full retreat and U.S. stock index futures lower by nearly 2%, money is flowing into government paper - the 10-year yield is down nine basis points to 1.97%.
    • Except for a brief flirtation on Friday, 2% hadn't been breached since October, and the yield was about 2.30% when the Fed hiked short-term rates in December.
    • Maybe more frustrating for the central planners at the Eccles Building, the two-year Treasury yield - which they would seemingly have a lot more control of - has plunged to 0.82% from 1.09% in the wake of December's rate hike.
    • FOMC speakers continue to remain on record as promising four rate hikes this year. Futures markets now say one more at most, and Ray Dalio contends the Fed's next move will be to ease. Might the Fed say "uncle" this week?
    • Earlier: December CPI and Housing Starts come in soft.
    • TLT +1.2%, TBT -2.4%
    • ETFs: TBT, TLT, TMV, TBF, EDV, TMF, TTT, ZROZ, TLH, SBND, VGLT, UBT, DLBS, TLO, LBND, DLBL, TYBS, VUSTX
    | Wed, Jan. 20, 8:44 AM | 8 Comments
  • Fri, Jan. 15, 8:52 AM
    • Retail sales unexpectedly slipped in December, and the NY Fed's manufacturing survey shows business activity in that region tumbling at the fastest pace since the Great Recession.
    • Remaining below zero for the sixth straight month, the general business conditions index fell 13 points to -19.4%. New orders plunged a full 17 points to -23.5 and shipments declined 19 points to -14.4. Indexes for the six-month outlook also fell sharply - down 26 points to 9.5, the lowest level since 2009.
    • The 10-year Treasury yield is lower by 11 basis points to 1.99% - its first time below 2% in three months, and now off about 30 basis points since the Fed hiked a month ago. TLT +1.5% premarket, TBT -3%
    • Also helping Treasurys is what is now a 2%+ decline in major U.S. stock index futures. SPY -2.4% premarket
    • ETFs: TBT, TLT, TMV, TBF, EDV, TMF, TTT, ZROZ, TLH, SBND, VGLT, UBT, DLBS, TLO, LBND, DLBL, TYBS, VUSTX
    | Fri, Jan. 15, 8:52 AM | 50 Comments
  • Fri, Jan. 8, 2:50 PM
    • This morning's nonfarm payrolls print was pretty much a blowout, with 292K December jobs vs. 200K expected, and sizable positive revisions to November. The Fed has been right as rain on jobs, but other indicators - including inflation and manufacturing surveys - paint a significantly weaker picture of the economy.
    • A modest overnight bounce in Chinese equities, however, is failing to ignite any sort of rally in the West - with Europe losing nearly another 2% today to complete its worst week in nearly five years, and U.S. stocks giving up near-1% gains.
    • Fed officials, meanwhile, continue to insist the market - which sees just two rate hikes this year - is way too dovish.
    • The 10-year Treasury yield shot up to 2.21% after the strong number this morning, but is currently at 2.13%, off two basis points on the session.
    • ETFs: TBT, TLT, TMV, IEF, TBF, EDV, TMF, PST, TTT, ZROZ, TLH, SBND, VGLT, IEI, TYO, UBT, DLBS, DTYS, UST, TLO, VGIT, TBX, SCHR, GSY, TYD, LBND, ITE, DTYL, DLBL, TYBS, DFVL, VUSTX, TBZ, DFVS, TYNS
    | Fri, Jan. 8, 2:50 PM | 6 Comments
  • Wed, Jan. 6, 8:25 AM
    • Bond traders are focused on red equity numbers and the continuing crash in energy rather than a strong ADP jobs report - 257K private sector jobs added in December vs. 190K expected. Today's print is the strongest since 275K jobs gained in December 2014.
    • The 10-year Treasury yield moved up one basis point on the news to 2.19%, but is still lower by five basis points on the session, with U.S. stock index futures down 2% and oil off 3.3%.
    • TLT +1.2%, TBT -2.4% premarket
    • ETFs: TBT, TLT, TMV, TBF, EDV, TMF, TTT, ZROZ, TLH, SBND, VGLT, UBT, DLBS, TLO, LBND, DLBL, TYBS, VUSTX
    | Wed, Jan. 6, 8:25 AM | 6 Comments
  • Dec. 11, 2015, 10:42 AM
    • The 10-year Treasury yield is lower by six basis points to 2.17%, but high-yield paper is once again headed the opposite direction, with HYG down 1.2% and JNK down 1.1%.
    • The panicky action in junk bonds comes as oil sinks to new bear market lows, now off 2% to $36.06 after falling as low as $35.70 earlier. The major averages are all down more than 1%, led by energy's 2.4% decline.
    • Long-dated Treasury ETFs: TBT, TLT, TMV, TBF, EDV, TMF, TTT, ZROZ, TLH, SBND, VGLT, UBT, DLBS, TLO, TENZ, LBND, DLBL, TYBS, VUSTX
    | Dec. 11, 2015, 10:42 AM | 17 Comments
TLO Description
The SPDR® Barclays Capital Long Term Treasury ETF seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Barclays Capital Long U.S. Treasury Index. Our approach is designed to provide portfolios with low portfolio turnover, accurate tracking, and lower costs.
See more details on sponsor's website
Country: United States
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