TLT ETF Outflows Jump As Top Pro Warns On Soaring US Bond Yields

The iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) stock price crashed to its lowest level since November 2023 as US bond yields surged after the strong consumer and producer inflation numbers. It dropped to $83.66, down by 8% from its highest point this year. 
TLT ETF Outflows Jump As US Bond Yields Jump
ETFs tracking long-term government bonds continued their strong downward momentum last week as concerns about the US economy rose. 
TLT, the biggest of them, suffered $122 million in outflows, bringing the year-to-date losses to $3.92 billion. It had added assets in the previous five weeks.
TLT ETF inflows and outflows | Source: ETF.com
These concerns accelerated after the US published the April inflation report, which showed that consumer and producer inflation surged amid the US-Iran w