http://www.marketwatch.com/investing/Fund/TLT?countrycode=US |
With a 2.5% yield, investors who own this bond ETF or a bond fund like it just lost about 5.6 years worth of interest payments in three to four months.
Most don't know it yet, until they get their monthly statements in the first couple of weeks of next month. Maybe the stock market gains will maintain the farce in most minds.