Anomaly or Trend?
Long term US Treasury bonds, meaning those with 20 or more years until maturity, have turned in some eye-popping numbers in 2020. Despite seeming only slightly more daring than burying cash in the back yard, they have performed better than most other investments in what has so far been a dismal year. Using the iShares 20+ Year Treasury Bond (TLT) fund as a proxy…
