Why iShares 20+ Year Treasury Bond ETF moves
iShares 20+ Year Treasury Bond ETF was roughly unchanged.
Written after the close on ·
Why today
16,437 news analyzed todayiShares 20+ Year Treasury Bond ETF was roughly unchanged.
Bond funds like TLT usually respond to interest-rate expectations, and traders are weighing a possible December Federal Reserve rate hike.
Over the last five trading days TLT rose slightly while the S&P 500 fell sharply, so the fund moved against the market.
Today's move of −0.01% was 0.0 times a normal day's 0.4%. S&P 500 moved +0.31% on the same day.
iShares 20+ Year Treasury Bond ETF −0.01%S&P 500 +0.31%In step with the market
What the key figures say about iShares 20+ Year Treasury Bond ETF
The figures connect what iShares 20+ Year Treasury Bond ETF earns with what investors pay.
The line shows the share price in the same year, on its own scale.
Money paid to shareholders per share, summed by calendar year.
2017–2025: $2.22–$3.86.
The dividend explained
A dividend is money paid to shareholders. iShares 20+ Year Treasury Bond ETF paid $3.57 per share in the twelve months through November 6, 2026.
On the ex-dividend day, October 1, 2026, iShares 20+ Year Treasury Bond ETF traded without the right to the $0.31 dividend. The price went from $77.78 to $77.71; including the dividend, the day's change was +0.3%. Entitlement passes from the company to shareholders on the ex-day; payment comes later.
2017: $3.092018: $3.202019: $3.072020: $2.362021: $2.222022: $2.662023: $3.342024: $3.762025: $3.862026 so far: $2.90
$10,000 in iShares 20+ Year Treasury Bond ETF bought on November 7, 2016 is worth $8,340 today, with dividends reinvested.
The same amount in S&P 500 with dividends would have become $40,400.
What would $10,000 in iShares 20+ Year Treasury Bond ETF be worth today? →
What would $10,000 in iShares 20+ Year Treasury Bond ETF be worth today?
$8,340
with dividends reinvested, bought on November 7, 2016. The same amount in S&P 500 with dividends would have become $40,400.
At worst it was worth $7,420 (October 19, 2023).
The five biggest days of the journey
· +7.5% · the whole market fell 4.3% the same day
· −6.7% · the whole market rose 6.0% the same day
· +6.5% · the whole market fell 12.0% the same day
· −5.6% · the whole market fell 5.2% the same day
· +5.2% · the whole market fell 1.7% the same day
Earlier days
+0.21% market −4.41% iShares 20+ Year Treasury Bond ETF rose slightly. Read →
iShares 20+ Year Treasury Bond ETF rose slightly.
Long-dated bond funds like this one tend to move with interest rates, which were pulled lower by a broad fall in Treasury yields that day.
Several items from that session were market commentary about the Fed, debt auctions and jobs data, and none of them names a specific cause for the fund's move.
Over the last five trading days, the fund rose clearly, so the recent direction has been upward despite the market selloff.
+0.80% market +1.65% Over the same day the S&P 500 rose. Read →
Over the same day the S&P 500 rose.
The most likely driver is the bond market itself, with long Treasury prices moving as yields shift and investors weigh the Federal Reserve's stance on rates.
Trading volume was around its usual level, and over the past five trading days TLT rose clearly even as the S&P 500 fell slightly.
−0.76% market +0.30% iShares 20+ Year Treasury Bond ETF fell clearly. Read →
iShares 20+ Year Treasury Bond ETF fell clearly.
No company news explains it because this is a fund, not a company.
Long-dated Treasury bond prices are most likely pressured by interest rate expectations after the Federal Reserve held rates steady with two members voting for a hike.
Over the last five trading days, the fund was roughly unchanged while the S&P 500 fell clearly, so it held up better than the market.
+0.28% market −0.48% iShares 20+ Year Treasury Bond ETF rose slightly. Read →
iShares 20+ Year Treasury Bond ETF rose slightly.
Only one company-level item is dated to that session: a routine monthly distribution declaration, which is not a reason for a price move.
No news explains the move.
Over the last five trading days the fund rose slightly while the S&P 500 fell clearly.
Bond prices have been pulled by Treasury yields, which move with Federal Reserve policy, inflation worries and heavy government borrowing.
+0.43% market −1.77% iShares 20+ Year Treasury Bond ETF rose clearly. Read →
iShares 20+ Year Treasury Bond ETF rose clearly.
No company news explains this, because the ETF is a fund holding long-dated Treasury bonds.
The move most likely reflects bond buyers returning to Treasurys as a safe haven while stocks sold off, which is the same pattern in the news from Friday last week.
Over the last five trading days the ETF rose slightly while the S&P 500 fell slightly.
The day's move was an ordinary one for the fund.
+0.62% market −0.38% iShares 20+ Year Treasury Bond ETF rose clearly. Read →
iShares 20+ Year Treasury Bond ETF rose clearly.
The move was on the Thursday session, while the S&P 500 fell slightly over the same day.
Over the last five trading days, the fund fell slightly while the S&P 500 rose slightly.
The most likely driver is bond market flows.
Interest rates on long-dated US Treasuries move the fund's price in the opposite direction, and investors moving into Treasuries as a safe haven would push its price up.
−0.78% market +0.34% iShares 20+ Year Treasury Bond ETF fell clearly. Read →
iShares 20+ Year Treasury Bond ETF fell clearly.
Over the last five trading days the fund rose clearly, while the S&P 500 was roughly unchanged, so the fund outpaced the market.
The fund is a basket of long-dated US government bonds, so its price moves mainly with interest rate expectations and demand for Treasuries.
Yesterday's news mentioned a Treasury selloff hitting related credit funds, which points to rate pressure on long bonds, though it is not confirmed as the cause of that day's drop.