ETF guide
TLT is an exchange-traded fund that holds US Treasury bonds with remaining maturities of twenty years or more, providing exposure to the long-dated end of the government bond market.
Fund profile
TLT is an exchange-traded fund that holds US Treasury bonds with remaining maturities of twenty years or more, providing exposure to the long-dated end of the government bond market. It aims to track an index of these long-term Treasuries before fees, and its share price moves inversely to changes in long-term interest rates.
The bull case
Investors point to TLT for exposure to income from US government debt, a way to add duration to a portfolio, and a potential counterweight to equities during periods when investors seek safer assets.
Key risks
Because it holds only long-dated bonds, TLT carries very high interest-rate (duration) risk, meaning its price can fall sharply when long-term rates rise, and it also reflects shifts in inflation expectations even though US Treasuries carry minimal credit risk.
What moves itIts price is driven mainly by long-term US interest rates and expectations for inflation and Federal Reserve policy, rising when long rates fall and falling when they rise.
Step by step
Create a wallet
GM Markets is non-custodial, so you connect a self-custody wallet and keep your own keys. There is no lengthy brokerage onboarding.
Fund with USDC
Add USDC to your wallet. GM Markets settles trades in stablecoins, so this becomes your buying power.
Find TLT
Search for iShares 20+ Year Treasury Bond ETF (TLT) in the GM Markets terminal to see the live order book and chart.
Place your order
Buy from as little as $1 with a market or limit order. Your TLT token is backed 1:1 by a real share held at a regulated issuer.
Hold, trade, or redeem
Your position settles on-chain and is yours. Sell any time, or hold for exposure to TLT.
Availability
Available to investors across 86 countries. Pick yours for a full step-by-step guide with local funding and currency notes.
Europe
Asia
Africa
Funding
FAQ
Keep exploring
Trading involves risk, including possible loss of principal. The value of tokenized assets and perpetual positions can fall as well as rise, and past performance is not indicative of future results. Perpetual futures are leveraged products and may not be suitable for every user.
GM Markets does not offer its product or services to users in the United States, or in any other restricted jurisdiction.
GM Markets does not provide financial, investment, tax, or legal advice. All investments carry risk including the loss of principal. Past performance does not guarantee future returns.
