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Roula Khalaf, Editor of the FT, selects her favorite stories in this weekly e-newsletter.
Right up until not too long ago, the so-referred to as “$TLT” trade traded fund — which tracks very long-phrase Treasuries — appeared uninteresting as ditchwater. The value used to transfer in small increments with modest investing volumes, creating it appropriate for widows and orphans — chance-averse buyers, in other words.
Not now. On Tuesday there were being 71mn day by day trades of the ETF, quite a few times greater than regular. And the selling price has fallen
