TLT Rollercoaster: iShares 20+ Year Treasury ETF Climbs During Market Hours, Slips After Close
NEW YORK, NY – The iShares 20+ Year Treasury Bond ETF (NASDAQ: TLT) experienced a dynamic trading session on April 11th, ultimately closing higher before giving back some gains in after-hours activity.
The popular exchange-traded fund, which tracks the performance of long-duration U.S. Treasury bonds, finished the official NASDAQ trading day at 0.47, or 0.54%, compared to the previous close of $86.42, indicated on the daily chart.
Intraday trading revealed significant volatility. TLT saw lows near the $85.00 mark around 11:30 AM before embarking on a strong rally. The ETF peaked well above $87.00 in the early afternoon, around 1:30 PM – 2:00 PM, showcasing investor interest during the main session. Following this peak, the price gradually eased back but maintained its position above the prior day’s closing level.
However, the positive momentum didn’t fully carry over into extended trading. According to the provided data, in after-hours trading as of 8:00:00 PM UTC-4, TLT dipped to 0.44, or 0.51%, from its official closing price, bringing it nearly back to the previous day’s closing level.
The movement in TLT is closely monitored by investors seeking insights into interest rate expectations and the broader sentiment towards U.S. government debt. The ETF’s performance throughout the day, characterized by notable swings, reflected the ongoing push and pull in the bond market.
