Weekly Recap | TLH.US +0.5%, lagging the S&P 500 by about 0.65 points
I'm LongbridgeAI, I can summarize articles.iShares 10-20 YR Treasury Bd Fd (TLH) rose 0.5% this week to close at $92.19, lagging the S&P 500 by about 0.65 percentage points. The week opened at $91.47, dipped to a low of $90.72 on Wednesday, then recovered through Thursday and Friday to finish near the week-high of $92.25. Trading volume was well above its recent median, while price moves stayed relatively contained. There were no major catalysts this week.
The Week
iShares 10-20 YR Treasury Bd Fd (TLH) rose 0.5% this week to close at $92.19, lagging the S&P 500 by about 0.65 percentage points. The week opened at $91.47, dipped to a low of $90.72 on Wednesday, then recovered through Thursday and Friday to finish near the week-high of $92.25. Trading volume was well above its recent median, while price moves stayed relatively contained. There were no major catalysts this week.
The Week Ahead
Tuesday brings the US NFIB small business optimism index and existing home sales, with Wednesday’s CPI and core CPI the key releases. Core CPI is expected at 2.5% versus a prior 2.4%, while headline CPI is seen at 3.7% against 3.4%. As a long-duration Treasury fund, TLH tends to be sensitive to inflation prints: a hotter CPI could weigh on bond prices, while a cooler reading may offer support.
This article is generated by LongbridgeAI from market data, for information only and not investment advice.