iShares 20+ Year Treasury Bond ETF

TLT tracks a market-weighted index of debt issued by the US Treasury with remaining maturities of 20 years or more.

SPDR Portfolio Long Term Treasury ETF

Vanguard Long-Term Treasury ETF

According to Eurostat data, Euro area annual inflation was expected to reach 4.9% in November, up from 4.1% in the previous month and above market expectations of 4.5%. On November 2, the Bank of England's Monetary Policy Committee voted by a majority of 7-2 to keep interest rates at 0.1% and the total stock of asset purchases at GBP 895 billion.

Tradeweb Government Bond Update - November 2021

Invesco Senior Loan ETF

Vanguard Total Bond Market ETF

SPDR Bloomberg Investment Grade Floating Rate ETF

iShares 7-10 Year Treasury Bond ETF

iShares 3-7 Year Treasury Bond ETF

SPDR Bloomberg High Yield Bond ETF

iShares Short Treasury Bond ETF

iShares 1-3 Year Treasury Bond ETF

SPDR Bloomberg Short Term High Yield Bond ETF

iShares 0-5 Year TIPS Bond ETF

iShares TIPS Bond ETF

iShares 10-20 Year Treasury Bond ETF

Vanguard Intermediate-Term Corporate Bond ETF

Vanguard Long-Term Corporate Bond ETF

Vanguard Short-Term Corporate Bond ETF

With less than four weeks left to the trading year, TIPS are on track to capture the lead for US bond-market performance in 2021, based on a set of ETFs through Dec. 6's close. Short-term Treasury Inflation Protected Securities are currently in first place via iShares 0-5 Year TIPS Bond.

Inflation-Indexed Treasuries Lead U.S. Bond Market Returns In 2021

iShares Core U.S. Aggregate Bond ETF

iShares iBoxx High Yield Corporate Bond ETF

iShares iBoxx $ Investment Grade Corporate Bond ETF

Inflation is at a three-decade high, but you wouldn't know it by bond ETF performance.

A Remarkable Year For Inflation

iShares Core S&P 500 ETF

Invesco QQQ

SPDR S&P 500 ETF Trust

Vanguard Total Stock Market ETF

The broad market rout last week made equity ETFs attractive as investors jumped to buy on the dip.

5 Hot ETFs of Last Week Amid Market Rout

iShares MSCI USA Momentum Factor ETF

iShares MSCI USA Quality Factor ETF

Financial Select Sector SPDR Fund

During Refinitiv Lipper's fund-flows week ended December 1, 2021, investors were overall net purchasers of fund assets for the 7th straight week, adding $32.5 billion. Exchange-traded equity funds recorded $15.9 billion in weekly net inflows. This is the macro group's ninth straight week of inflows.

U.S. Weekly FundFlows Insight Report: Investment Grade Funds Suffer Largest Weekly Outflows In 85 Weeks

A bipartisan decision from the Oval Office. Tighter credit is a slow process. It could take at least a year before rates rise.

Long TLT: Another Term For Chairman Powell

In my latest semi-inebriated rant on the subject, I go through why I remain bullish on TLT. I see a strong disconnect between what's commonly believed about inflation, "money printing", and the like. I continue to buy calls opportunistically.

Still Long TLT

ProShares UltraShort 20+ Year Treasury

Headline inflation in October rose to more than a 30 year high of 6.2%. Core rate up and also CPI 4.6%. Both numbers were well ahead of expectations. While the financial market repercussions for the moment have been minor, the 10-year Treasury yield's still yielding a skimpy 1.62% or real yield of nearly negative 5%. DC however, has gotten the message. Most policymakers are quickly dropping the term transitory from the vocabulary.

Still Bullish On The Long Bond - Lacy Hunt Joins Alpha Trader (Podcast Transcript)

WisdomTree Bloomberg US Dollar Bullish Fund

The Fed's attempts to decelerate inflation pass through may actually accelerate it, initially, in practice. The Fed's implied threat of recession may not be enough to decelerate inflation, so a real recession may be needed.

Short Term Fed Pain, And A Flatter Yield Curve, For Longer-Term MMT Gain

CSOP FTSE China A50 ETF

iShares Agency Bond ETF

Xtrackers Harvest CSI 300 China A-Shares ETF

Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF

Xtrackers MSCI China A Inclusion Equity ETF

SPDR Bloomberg 1-3 Month T-Bill ETF

Global X China Biotech Innovation ETF

Global X MSCI China Communication Services ETF

Global X China Energy ETF

Global X MSCI China Health Care ETF

Global X China Industrials

Global X MSCI China Information Technology ETF

Global X MSCI China Large Cap 50 ETF

Global X China Materials ETF

Global X China Consumer ETF

Global X MSCI China Real Estate ETF

Global X MSCI China Consumer Staples ETF

Global X MSCI China Utilities ETF

Global X China Financials ETF

Loncar China Biopharma ETF

Xtrackers MSCI All China Equity ETF

VanEck Vectors ChinaAMC SME-ChiNext ETF

iShares MSCI China A ETF

Invesco China Technology ETF

WisdomTree China ex-State-Owned Enterprises Fund

Barclays Bank iPath US Treasury 5-Year Bear Exchange Traded   Note 2011-12.7.21 Ser -A- Lkd to BC 2Y US Trsry Futs Trgtd Expsre

Barclays Bank iPath US Treasury 2-year Bull Exchange Traded   Notes 2010-13.8.20 Ser -A- Lnk to BC 2Y US Treasury Futures Trg Ex

Barclays Bank iPath US Treasury 2 Yr Bear Exchange Traded

Barclays Bank iPath US Treasury 10 Yr Bull Exchange Traded    Notes 2010-13.8.20 Sr-A Lk Barclays Cap 10Y US Trs Fut Trgt Exp Id

iShares MSCI China Small-Cap ETF

Vanguard Extended Duration Treasury ETF

BlackRock Enhanced Government Fund

iShares MSCI Hong Kong ETF

iShares MSCI Taiwan ETF

First Trust China AlphaDEX Fund

iShares U.S. Fixed Income Balanced Risk Factor ETF

Franklin FTSE China ETF

Franklin FTSE Hong Kong ETF

Franklin FTSE Taiwan ETF

Franklin Short Duration U.S. Government ETF

iShares China Large-Cap ETF

Goldman Sachs TreasuryAccess 0-1 Year ETF

iShares U.S. Treasury Bond ETF

iShares 25+ Year Treasury STRIPS Bond ETF

Invesco Ultra Short Duration ETF

SPDR S&P China ETF

KraneShares Bosera MSCI China A Share ETF

KraneShares CICC China 5G and Semiconductor Index ETF

KraneShares CICC China Leaders 100 Index ETF

Kraneshares MSCI China Environment Index ETF

KraneShares SSE STAR Market 50 Index ETF

KraneShares Hang Seng Tech Index ETF

KraneShares MSCI All China Health Care Index ETF

KraneShares CSI China Internet ETF

First Trust Long Duration Opportunities ETF

First Trust Low Duration Opportunities ETF

iShares MSCI China ETF

Invesco Golden Dragon China ETF

Invesco 1-30 Laddered Treasury ETF

ProShares UltraShort 7-10 Year Treasury

Rayliant Quantamental China Equity ETF

ProShares Inflation Expectations ETF

Schwab Short-Term US Treasury ETF

Schwab Long-Term US Treasury ETF

Schwab Intermediate-Term US Treasury ETF

SPDR Portfolio Short Term Treasury ETF

Barclays Inverse US Treasury Composite ETN

Proshares Short 20+ Year Treasury

ProShares Short 7-10 Year Treasury

Direxion Daily 20+ Year Treasury Bull 3X Shares

Direxion Daily 20+ Year Treasury Bear 3X Shares

ProShares UltraPro Short 20+ Year Treasury

Direxion Daily 7-10 Year Treasury Bull 3x Shares

Direxion Daily 7-10 Year Treasury Bear 3x Shares

ProShares Ultra 20+ Year Treasury

Invesco DB US Dollar Index Bearish Fund

ProShares Ultra 7-10 Year Treasury

Invesco DB US Dollar Index Bullish Fund

Vanguard Intermediate-Term Treasury ETF

Vanguard Short-Term Treasury ETF

PIMCO 25+ Year Zero Coupon US Treasury Index ETF

The deficit spending that supported the economy in 2020 is showing up in hot inflation numbers in 2021. While I think the inflation numbers will get better in 2022, I do not believe they will get back to pre-pandemic levels because of owners' equivalent rents and wage gains in the CPI.

Mind The Bond Market

Hunt and his partner Van Hoisington have correctly remained steadfastly bullish on long-dated U.S. Treasurys (TLT, TBT) through multiple inflation scares over the past few decades. They remain bullish today despite some scary recent CPI prints, continuing to point out the clear evidence that over-indebtedness in the U.S. will act as a deflationary force.

Still Bullish On The Long Bond - Lacy Hunt Joins Alpha Trader Podcast

On Tuesday, the Long-Term Treasury Bonds ETF (TLT) closed underneath its 50-Day moving average for the second consecutive day confirming a cautionary phase.  TLTs trend has been relatively dormant for the past four months with multiple failed attempts to clear the $151.80 price area.

Did the Long-Term Treasury Bonds (TLT) Turn Risk On?

PIMCO 15+ Year US TIPS ETF

Invesco PureBeta 0-5 Yr US TIPS ETF

Schwab US TIPS ETF

SPDR Portfolio TIPS ETF

PIMCO 1-5 Year US TIPS ETF

FlexShares iBoxx 5 Year Target Duration TIPS Index Fund

FlexShares iBoxx 3 Year Target Duration TIPS Index Fund

SPDR Bloomberg 1-10 Year TIPS ETF

PIMCO Broad US TIPS Index ETF

Vanguard Short-Term Inflation-Protected Securities ETF

At the November FOMC meeting, the Fed officially announced that it would begin tapering its bond purchase program, starting in mid-November. When the Fed began tapering its QE3 program over the course of 2014, the coupon supply from the U.S. Treasury was stable, leading to an increase in net supply takedown from the private market.

Tapering Impact On Treasury Supply

ARK Innovation ETF

PIMCO 0-5 Year High Yield Corporate Bond Index ETF

VanEck Vectors Semiconductor ETF

Technology Select Sector SPDR Fund

During Refinitiv Lipper's fund flows week ended Nov. 10, 2021, investors were overall net purchasers of fund assets (including both conventional funds and ETFs) for the second straight week, adding $31.3 billion. Exchange-traded equity funds recorded $10.2 billion in weekly net inflows. This is the macro group's sixth straight week of inflows.

U.S. Weekly FundFlows Insight Report: Taxable Bond Funds Attract $10.1 Billion Despite Inflationary Signals

ProShares UltraShort MSCI Brazil Capped

Direxion Daily CSI 300 China A Share Bull 2X Shares

Morgan Stanley Exch Traded Nts 2008-31.3.20 Ser-F Linked to S&P Chinese Renminbi TR Ind

Global X Copper Miners ETF

Invesco DB Commodity Index Tracking Fund

Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares

ProShares UltraShort Oil & Gas

WisdomTree Japan Hedged Equity Fund

Direxion Daily Emerging Markets Bear 3X Shares

iShares MSCI Emerging Markets ETF

PrShrs Trust II Shs Proshares Short Euro

ProShares Short MSCI Emerging Markets

ProShares UltraShort Euro

iShares MSCI Brazil ETF

Invesco CurrencyShares Euro Trust

ProShares UltraShort FTSE China 50

Invesco Currencyshares Japanese Yen Trust

VanEck Vectors Gold Miners ETF

VanEck Junior Gold Miners ETF

SPDR Gold Trust

ProShares UltraShort Gold

WisdomTree Europe Hedged Equity Fund

iShares Europe ETF

iShares MSCI India ETF

Direxion Daily Junior Gold Miners Index Bear 2X Shares

Global X Lithium & Battery Tech ETF

VanEck Vectors Russia ETF

ProShares UltraShort Bloomberg Crude Oil

iShares Silver Trust

ProShares UltraPro Short S&P500

ProShares UltraPro Short QQQ

Direxion Daily Technology Bull 3x Shares

Direxion Daily Technology Bear 3X Shares

ProShares Ultra Euro

United States Oil Fund LP

ProShares Ultra VIX Short-Term Futures ETF

Vanguard S&P 500 ETF

Vanguard FTSE Emerging Markets ETF

iShares Global Timber & Forestry ETF

Energy Select Sector SPDR Fund

SPDR S&P Metals & Mining ETF

Direxion Daily FTSE China Bear 3X Shares

Direxion Daily FTSE China Bull 3X Shares

ProShares UltraShort Silver

In the latest World Economic Outlook Report, the IMF said "the dangerous divergence in economic prospects across countries remains a major concern". While the IMF focused on the "vaccine divide" between developed and developing nations, there are other divergences at play.

'Dangerous Divergences'

Tapering begins - The Fed is behind the curve. Chairman Powell's swan song as a dove could be on the horizon.

The Fed Speaks - Long TLT

News for iShares 20+ Year Treasury Bond ETF ETF (TLT)