$100,000 in TLT at the 2020 Peak Is Down More Than 40% Today, Even After Every Monthly Check

The article highlights that TLT’s “safe bond” appeal is limited because the fund has no maturity date, no defined recovery date, and no stated price floor if rates keep moving against it. It frames the 2020-era assumption as incomplete versus the reality of prolonged duration/rate risk when yields fail to cooperate. Overall, the message is a cautionary reassessment of long-duration Treasury exposure rather than a new policy trigger.