Largest exchange-traded fund tracking long-dated Treasuries hits record low

largest exchange-traded fund tracking long-dated Treasuries: The largest exchange-traded fund tracking long-dated Treasuries provides broad exposure to U.S. government bonds with maturities of 20 years or longer, serving as a primary vehicle for investors seeking duration exposure or hedging interest rate risk. It is the dominant product in its category and closely tracks movements in the long end of the Treasury yield curve. The fund's shares reached a record low close as persistent selling pressure in the bond market continued without signs of easing. Market Reaction: Investors have been dumping long bonds, driving the flagship long-duration ETF to successive lows. Bond Market Trend: The yearslong selloff in long-dated Treasuries shows few signs of relenting amid ongoing trader positioning.