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HEADLINES:

Fixed Income Momentum - May 2013
Ploutos • Mon, May 6 • 5 Comments
Stocks And Bonds: The Rebalancing That Never Was
Evariste Lefeuvre • Tue, Apr 30 • 1 Comment
Treasury Yield Snapshot: 10-Year At Its 2013 Low
Doug Short • Fri, Apr 5 • 3 Comments
Fixed Income Momentum - April 2013
Ploutos • Tue, Apr 2 • 8 Comments
Today's Good News Isn't Bad For U.S. Stocks
AllianceBernstein • Thu, Mar 28 • 1 Comment
Does GDP Drive Market Returns?
David Cretcher • Wed, Mar 6 • 3 Comments
Manage ETF Volatility With Matched Trading
David Cretcher • Wed, Mar 6 • 2 Comments
Fixed Income Momentum - March 2013
Ploutos • Fri, Mar 1 • 10 Comments
Sequestration And Money Pressure: Prepare For Deflation
David Cretcher • Thu, Feb 28 • 7 Comments
Treasury Yield Snapshot: 10-Year Still Hovering Near 2%
Doug Short • Sun, Feb 24 • 2 Comments
The Bond Vigilantes Have Been Taken Out Back And Shot
Paulo Santos • Tue, Feb 5 • 42 Comments
Fixed Income Momentum Strategies - February 2013
Ploutos • Fri, Feb 1 • 6 Comments
2012 Bond Market Review And Outlook For 2013
Ploutos • Tue, Jan 8 • 28 Comments
Fixed Income Momentum Strategies - January 2013
Ploutos • Mon, Jan 7 • 2 Comments
Why Bond Yields Should Remain Low And Capped For Now
Bondsquawk • Wed, Oct 10, 2012 • 1 Comment
The 3 Most Overvalued Assets
Howard Gold • Thu, Sep 27, 2012 • 12 Comments
Why QE3 Will Not Happen
Nicholas Pardini • Mon, Sep 10, 2012 • 156 Comments
Long-Term Treasury ETFs: Ultimate QE3 Play?
Zacks Investment Research • Thu, Aug 30, 2012 • 7 Comments
Floating-Rate Treasuries: What Should Bond Investors Expect?
Rajiv Tarigopula • Fri, Aug 3, 2012
Ben's Comments About More Easing
Codespeed • Fri, Jul 6, 2012 • 4 Comments

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Are We at the Upper Range for 'Safe' Inflation?
James Picerno • Fri, Apr 15, 2011 • 1 Comment
Bond Market Recap for Friday
Bondsquawk • Fri, Jun 11, 2010 • 1 Comment
Bond Expert Wednesday Outlook
John Jansen • Wed, Oct 21, 2009 • 1 Comment
Bond Expert Thursday Wrap: Things Got Ugly
John Jansen • Thu, Oct 8, 2009 • 10 Comments
Bond Expert: Thursday Outlook
John Jansen • Thu, Oct 8, 2009
Bond Expert: Friday Wrap
John Jansen • Fri, Sep 18, 2009 • 1 Comment
30-Year Bond Sends Encouraging Signal
Daniel Pfaendler • Fri, Sep 11, 2009 • 5 Comments
Bond Expert: Thursday Outlook
John Jansen • Thu, Sep 10, 2009
Bond Expert: Friday Outlook
John Jansen • Fri, Jul 24, 2009
Bond Expert: Friday Outlook
John Jansen • Fri, Jun 12, 2009 • 1 Comment
Treasuries Make a Comeback
Bespoke Investment Group • Fri, May 29, 2009 • 6 Comments
The Long Bond in Pain
M F • Fri, May 29, 2009 • 10 Comments
Bond Expert: Thursday Outlook
John Jansen • Thu, May 7, 2009
Bond Expert: Thursday Wrap
John Jansen • Thu, Apr 16, 2009
Bond Expert Friday Outlook: Some Ominous Action
John Jansen • Fri, Mar 13, 2009 • 7 Comments
Today's Bond Auction: Remarkable Enthusiasm
John Jansen • Thu, Mar 12, 2009
Bond Expert: Monday Wrap
John Jansen • Mon, Mar 2, 2009 • 2 Comments
Bond Expert: Monday Outlook
John Jansen • Mon, Mar 2, 2009 • 3 Comments
Bond Expert: Outlook for an Eventful Tuesday
John Jansen • Tue, Feb 24, 2009
Bond Expert: Monday Wrap
John Jansen • Mon, Feb 23, 2009 • 1 Comment

Fixed Income Momentum - May 2013
Ploutos • Mon, May 6 • 5 Comments
Stocks And Bonds: The Rebalancing That Never Was
Evariste Lefeuvre • Tue, Apr 30 • 1 Comment
Treasury Yield Snapshot: 10-Year At Its 2013 Low
Doug Short • Fri, Apr 5 • 3 Comments
Fixed Income Momentum - April 2013
Ploutos • Tue, Apr 2 • 8 Comments
Today's Good News Isn't Bad For U.S. Stocks
AllianceBernstein • Thu, Mar 28 • 1 Comment
Does GDP Drive Market Returns?
David Cretcher • Wed, Mar 6 • 3 Comments
Manage ETF Volatility With Matched Trading
David Cretcher • Wed, Mar 6 • 2 Comments
Fixed Income Momentum - March 2013
Ploutos • Fri, Mar 1 • 10 Comments
Sequestration And Money Pressure: Prepare For Deflation
David Cretcher • Thu, Feb 28 • 7 Comments
Treasury Yield Snapshot: 10-Year Still Hovering Near 2%
Doug Short • Sun, Feb 24 • 2 Comments
The Bond Vigilantes Have Been Taken Out Back And Shot
Paulo Santos • Tue, Feb 5 • 42 Comments
Fixed Income Momentum Strategies - February 2013
Ploutos • Fri, Feb 1 • 6 Comments
2012 Bond Market Review And Outlook For 2013
Ploutos • Tue, Jan 8 • 28 Comments
Fixed Income Momentum Strategies - January 2013
Ploutos • Mon, Jan 7 • 2 Comments
Why Bond Yields Should Remain Low And Capped For Now
Bondsquawk • Wed, Oct 10, 2012 • 1 Comment
The 3 Most Overvalued Assets
Howard Gold • Thu, Sep 27, 2012 • 12 Comments
Why QE3 Will Not Happen
Nicholas Pardini • Mon, Sep 10, 2012 • 156 Comments
Long-Term Treasury ETFs: Ultimate QE3 Play?
Zacks Investment Research • Thu, Aug 30, 2012 • 7 Comments
Floating-Rate Treasuries: What Should Bond Investors Expect?
Rajiv Tarigopula • Fri, Aug 3, 2012
Ben's Comments About More Easing
Codespeed • Fri, Jul 6, 2012 • 4 Comments

There are no Transcripts on TLO.

Oracle a Hold, Still Needs to Grow: Analyst

at CNBC.com (Mar 19, 2012)
ETF Investing: These Treasury ETFs rally when markets are roiled

at MarketWatch.com (Jun 27, 2010)

TLO vs. ETF Alternatives

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

Key Info

In Your Portfolio: Broad U.S. Bond ETFs, A Guide to U.S. Government Bond ETFs
Asset Class Performance: Bonds

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| Earnings
| Dividends
| M&A
| On the move

Thursday, May 16, 10:10 AM More on Philly Fed: The big miss is another in a line of weak data points this morning. The decline was led by a steep drop in shipments to -8.5 from +9.1. Also notable is a big jump in inventories to +4.1 from -22.2. Employment worsened to -8.7 from -6.7. The percentage of firms reporting employment decreases was 22% vs. those reporting increases at 14% - a number sure to cross the desk of the FOMC doves this morning. Treasurys have had a tough May, but they're bouncing today, TLT +1.2%. The leveraged bear ETF: TBT -2.4%. Stocks give up early gains (DIA -0.2%). 6 Comments [U.S. Economy]
Thursday, May 16, 8:38 AM SPY -0.3% premarket, giving up small early gains after a big jump in jobless claims and a rather shocking decline in housing starts. Starts were off 16.5% from March, but up 13.1% Y/Y. On a more hopeful note, building permits were up 14.3% from March, up 35.8% Y/Y. Treasurys catch a bid, TLT +0.5% premarket. Homebuilders ETF: XHB -0.2%. Comment!
Monday, May 13, 8:50 AM Stock index futures move to session highs following the big beat on retail sales, SPY -0.1% premarket. Excluding a 4.7% decline in gasoline sales, retail spending grew 0.6% in April. Bond prices continue their recent slide, the 10-year note off half of a point. The yield may challenge 2% today. TLT -0.9% premarket. 4 Comments [U.S. Economy]
Friday, May 10, 10:35 AM Bill Gross (BOND) attempts to ring a bell, calling the 30-year bond bull market over as of April 29, 2013 (while pushing Pimco as the one to help navigate in this new world). The 30-year Treasury yield touched 2.8% at April's end. Including a 9 bp pop today, the yield now stands at 3.08%. TLT -1%, TBT +1.9%. 6 Comments [U.S. Economy]
Thursday, May 9, 1:47 PM Massive doesn't begin to describe the move into the ProShares Ultra 7-10 Year Treasury ETF (UST) last Wednesday as the $12M AUM fund went to $833M overnight. It was accompanied by a 53% increase in the $3.75B iShares 3-7 Year Treasury Bond ETF (IEI), suggesting someone (or ones) making a large bet targeting the middle of the Treasury curve. The moves came following FOMC minutes at which it indicated a readiness to increase QE as needed. 6 Comments [U.S. Economy]
Thursday, May 9, 6:23 AM "Today government bonds should come with a warning about interest rate risk," a university fund manager tells FT, which says many university endowments have slashed their U.S. Treasury (TLT, TBT) holdings from as high as 30% of AUM during the crisis to as low as zero currently ("everyone" has less than 5%, one manager claims). Holding fast to larger allocations may require a fleetness of foot going forward in order to avoid capital losses if (or when) rates rise, a style of investing not suited to endowment managers. 1 Comment
Wednesday, May 8, 12:29 PM "There is no safe haven in today's markets," says Paul Singer, speaking at the Ira Sohn conference, and blaming the distorting effects of QE. While not yet advocating shorting Treasurys (TLT, TBT), Singer says those long need to know they're trading at the wrong price, perhaps 50-100 basis points too low. 1 Comment [Breaking News, U.S. Economy]
Monday, May 6, 3:29 PM This time is different for Treasurys (TLT, TBT)? "The Fed has been very transparent and their transparency should help offset the risks that were experienced in 1994," says JPMorgan's head of rates Edward Fitzpatrick. He's joined in this opinion by others who ought to know better, including Templeton's Michael Materasso and Vanguard's Gemma Wright-Casparius, all of whom attribute the 1994 rout to communication, not a crazed buildup in leverage. 2 Comments [U.S. Economy]
Friday, May 3, 3:13 PM "Bonds are acting like the bond market is manipulated ... because it is," says Jeff Gundlach, as QE is far more of a put on Treasury prices (TLT -2.3%) than it is on stocks. A salve to bond bulls on a day when the yield on the 30-year is 14 bps higher, Gundlach says yields won't go on a sustained rise anytime soon because QE is going nowhere. A favorite of the bond bears, TBT +4.6%. 7 Comments
Thursday, May 2, 8:36 AM More on the big drop in jobless claims: At 324K, it's the lowest level since January 2008. The 4-week moving average fell 16K to 342,250. S&P 500 futures remain +0.5%. Treasury prices slip, TLT -0.6%, TBT +1.2% premarket. 18 Comments [U.S. Economy]
Tuesday, April 30, 9:07 AM "View the 'fruit' debt the way we used to view IBM issues ... perfectly timed in retrospect," says Kevin Ferry, tweeting about Apple's prospective debt offering. Back in the day when rates actually fluctuated, IBM had a remarkable knack for issuing at the cycle lows in yield. The 10-year Treasury yield hits another YTD low, -2 bps to 1.65%. TLT +0.4% premarket. 1 Comment [Financials]
Friday, April 26, 8:45 AM More on the Q1 GDP (first estimate) miss: Government spending slowdown continues, with real federal government spending off 8.4% vs. 14.8% in Q4; defense spending off 11.5% vs. 22.1%. Real PCE +3.2%. Nonresidential fixed investment +2.1%. Real exports +2.9%, Real imports +5.4%. Real final sales +1.5% vs. 1.9% in Q4. Inventories added 103 bps to GDP in Q1 after subtracting 152 bps in Q4. SPY -0.3% premarket. The long bond pops half of a point. TLT +0.8% premarket. (full report) 68 Comments [U.S. Economy]
Thursday, April 25, 10:16 AM SocGen's Al Edwards doesn't disappoint his fans, believing the S&P is headed to 450 and gold to $10K. Most interesting is this chart on bond yields vs. forecasts. Forecasts in the deeper past essentially matched actual yields, yet for the last decade estimates have consistently called for "normalization," i.e. higher rates, but it's never happened. "Consensus has still not accepted that we remain locked in an Ice Age environment that will see U.S. (and U.K. and German) yields (TLT, TBT) converge to Japanese sub-1%." 1 Comment [U.S. Economy]
Wednesday, April 24, 8:47 AM The long bond moves higher (yield declines) following the soft durable goods report. In addition to the weak March print, February's 5.6% gain was revised down to 4.3%, with nondefense ex-transport orders revised down to -4.7% from -2.7%. Higher previously, the 30-year yield is now off one basis point to 2.9%. TLT flat premarket. Comment! [U.S. Economy]
Friday, April 19, 1:20 PM BlackRock fixed-income chief Rick Rieder tells the WSJ he was a big buyer of the long bond (TLT) in early April, believing the BOJ's massive easing and weak U.S. economic data would ensure a firm bid for the paper. Bonds, of course, have rallied strongly since then. Well played? In an April 8 interview with the FT, Rieder said he was worried about higher rates and favoring shorter durations. Check. 2 Comments [U.S. Economy]
Wednesday, April 17, 1:19 PM The 10-year Treasury yield touches a YTD low of 1.67% as the world's most hated asset confounds the bears again. How long before TBT is renamed the widow-maker trade a la JGBs? Trailing the S&P 500 in 2013 by 1500 basis points not long ago, TLT has narrowed the margin to about 650 bps. 2 Comments [Financials, U.S. Economy]

Dr. Kris
Ugly day for Treasury bond funds: Breaking support levels are $TLT, $TLO, $TLH, $IPE, $TIP, $IEF, $ITE.
8/15/12
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neobliviscar: I had the top figured for 4th quarter. Looks like I was wrong for now. But then everyone was calling a top in March.
8/15/12
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Codespeed
Top Government Bond performers in June discussed - $TLT, $TLO, $EDV, $ZROZ Source: http://bit.ly/bondz
7/6/12
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David Jackson
Long term Treasurys (TLO) up 28% yoy, long term muni bonds (MLN) up 20%. Both overbought. Nowhere to run to, nowhere to hide...
1/18/12
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David Jackson: Yup, there's a lot of cash that could move from bonds to equities, and it normally happens after the losses have already happened.
1/18/12
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Regarded Solutions: Did I read somewhere it was about 3 trillion on the "sidelines" just waiting to move? maybe i am day dreaming.
1/18/12
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Dr. Kris
Silver lining: US bond funds! Making new highs today in T-bills (TLO, IEF, ITE, IEI, TIP), Corp (CFT, CIU, BND, LQD), Munis (PMM, BNA, MVF)
8/11/10
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Lisa
What could go wrong with long TBT TYO TMV TBF or short TLT TMF TLO VGLT? The economy could stay weak, and if stocks weaken bonds may rise.
3/29/10
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ETFdesk
Pimco Save More, Spend Less Economy Brings Total Return to 5% SEE ARTICLE TLH TLO TLT flattening of long end curve, reflects deflation fears
9/29/09
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ETFdesk
WaysToPlay: Pimco Save More, Spend Less Economy Brings Total Return to 5% http://bit.ly/dSo46 EDV IEF TLH TLO TLT #MKT #ETF #economy #bonds
9/29/09
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LATEST REPLIES

Dr. Kris
Ugly day for Treasury bond funds: Breaking support levels are $TLT, $TLO, $TLH, $IPE, $TIP, $IEF, $ITE.
8/15/12
Reply (1)

• !Report Abuse
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neobliviscar: I had the top figured for 4th quarter. Looks like I was wrong for now. But then everyone was calling a top in March.
8/15/12
• !Report Abuse
Add a reply...

140 characters

David Jackson
Long term Treasurys (TLO) up 28% yoy, long term muni bonds (MLN) up 20%. Both overbought. Nowhere to run to, nowhere to hide...
1/18/12
Reply (4)

• !Report Abuse
View all 4 replies
David Jackson: Yup, there's a lot of cash that could move from bonds to equities, and it normally happens after the losses have already happened.
1/18/12
• !Report Abuse
Regarded Solutions: Did I read somewhere it was about 3 trillion on the "sidelines" just waiting to move? maybe i am day dreaming.
1/18/12
• !Report Abuse
Add a reply...

140 characters

TLO SPDR Barclays Long Term Treasury ETF

TLO

SPDR Barclays Long Term Treasury ETF