Long-term U.S. treasuries dip as 30-year Treasury yield hits 4.94% on Fed shake-up. Bond ETFs like TLT, EDV, and ZROZ vulnerable.

Long-term U.S. treasuries saw a decrease in value following President Donald Trump's removal of Federal Reserve Gov. Lisa Cook, raising concerns about the central bank's independence and future monetary policy. The 30-year Treasury yield surged by up to five basis points to reach 4.94%. Attention has now turned to Exchange-Traded Funds (ETFs) that monitor long-term government debt, especially iShares 20+ Year Treasury Bond ETF (TLT), Vanguard Extended Duration Treasury ETF (EDV), and PIMCO 25+ Year Zero Coupon U.S. Treasury Index ETF (ZROZ). These ETFs are highly sensitive to yield fluctuations. TLT, a key indicator for both individual and institutional bond investors, typically falls as long-term rates rise. Find live prices for TLT and further details on this development.