The iShares 20+ Year Treasury Bond ETF (TLT) presents an opportunity for capital appreciation and monthly income. TLT has underperformed the market and carries the risks of opportunity cost and declining share prices. TLT's potential lies in a cutting cycle by the Fed, which could cause its underlying assets to become more valuable and push its share price higher.
Fed Trader's Chaim Siegel believes that the fundamentals of the market, including earnings and the economy, are good and that the market will continue to be bullish. He sees the Fed's stance on interest rates and inflation as key drivers for the market, and believes that as long as inflation remains around 0.3%, the market will be fine.