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Record haul for $54B long-duration ETF amid rate cut bets
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The biggest long-duration bond ETF raked in record cash this week as a cohort of investors recalibrate bets on when the Federal Reserve will cut interest rates this year.
BlackRock Inc.’s $54 billion iShares 20+ Year Treasury Bond ETF (ticker TLT) attracted a $2.7 billion inflow on Monday, its
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