‘Buy the Dip’ Investing Mantra Lives On—in the Bond Market at Least
Oct. 28, 2023 11:00 pm ETListen to article(2 minutes)One of the hottest investments on Wall Street is something of a surprise—it’s a battered long-dated Treasury bond fund.Shares of the iShares 20+ Year Treasury Bond ETF are near a 16-year low and have lost more than half their value from their 2020 peak, but investors are piling in. They added more than $2 billion to the fund on Tuesday and Wednesday alone, bringing its total inflows for the year to $21 billion.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
