ETF Trends
ETF Trends

An ETF indexed to long-term U.S. government debt rose to a fresh record high Monday as yields on the 10-year Treasury note touched a low of 1.44% on the safe-haven trade.

The iShares Barclays 20+ Year Treasury Bond Fund (NYSEArca: TLT) rallied about 1% to a new lifetime high of $130.57 a share.

Heading into Monday’s action, the Treasury ETF delivered a year-to-date total return of 8%, according to Morningstar.

Strong government debt auctions last week pushed Treasury yields lower and bond prices higher.

Treasury ETFs are rallying on the Eurozone debt crisis and worries over U.S. economic growth.

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