iShares Lehman 20+ Year Treasury Bond
The risk trade is on, and that means investors have opted for stocks over bonds. In particular, long-term Treasury bonds have been a very weak segment since the beginning of the year. The flight of capital away from safety and into risk has pushed the iShares Lehman 20+ Year Bond (NYSE:TNT) down 4.4% this year. Yet now may just be the time to get into the sector, because when the risk trade goes from hot to cold, money will make its way toward safety—and there’s no safer asset class than long-term U.S. Treasury bonds.