3 Long-Duration Treasury ETFs to Watch if Rates Fall
Long-duration U.S. Treasury bonds have had a tough time amid inflation, interest rate activity, and yields that have risen dramatically since a pandemic-era low point. While the consensus view may be that long bonds like this are risky, contrarian investors can argue that long-duration Treasury bond exchange-traded funds (ETFs) may offer asymmetric upside if inflation fears diminish and rates normalize once again.
Endeavour Mining delivers Q1 beat on lower costs, higher output: Jefferies
Endeavour Mining PLC (LSE:EDV, TSX:EDV, OTCQX:EDVMF, FRA:6E2) delivered a strong start to 2026, according to Jefferies, which highlighted a first quarter “fundamental beat” driven by better-than-expected production and lower costs, alongside a transition to a net cash position. Jefferies said adjusted earnings of $1.53 per share exceeded both its $1.27 estimate and the consensus of $1.43, supported by materially lower operating costs and depreciation than expected.
EDV: A +5.1% Is Not Enough For Me To Justify A 3.3x Sensitivity
Vanguard Extended Duration Treasury Index ETF has a 5.1% yield to maturity but carries extreme duration risk and high rate sensitivity. EDV's structural bias towards maximum duration results in a permanent ~24-year duration, amplifying its beta to 3.46 versus the Bloomberg U.S. Aggregate Bond Index. Current yield premium over peers like TLT and VGLT is minimal, making EDV's added price sensitivity unjustified in today's rate environment, in my opinion.
Endeavour Mining is reaching a free-cash-flow inflection point - broker
RBC Capital Markets sees nearly 40% total return in Endeavour Mining PLC (LSE:EDV, TSX:EDV, OTCQX:EDVMF, FRA:6E2) shares as the West African gold producer has reached a free-cash-flow inflection point in the current gold price environment. The broker reiterated an Outperform rating and 6,000p price target on the London- and Toronto-listed miner, compared with a prior close of 4,631p.
Endeavour Mining Assafou study points to lower costs and long-term growth potential, says Stifel
Endeavour Mining PLC (LSE:EDV, TSX:EDV, OTCQX:EDVMF, FRA:6E2) has released a definitive feasibility study (DFS) for its Assafou gold project in Côte d'Ivoire, with key metrics broadly in line with expectations and unit costs coming in below forecasts, according to Stifel analysts. The firm described the update as supportive for the company's longer-term production outlook, highlighting the project's role in underpinning Endeavour's pathway toward higher output and portfolio expansion over the remainder of the decade.
Endeavour Mining outlines long-life, low-cost Assafou project in feasibility study
Endeavour Mining PLC (LSE:EDV, TSX:EDV, OTCQX:EDVMF, FRA:6E2) said on Thursday its Assafou gold project in Côte d'Ivoire could be worth $5.1 billion at current gold prices after a definitive feasibility study confirmed the deposit's potential as a major long-life asset for the company. The London-listed miner said the study projected average annual production of more than 320,000 ounces over the first eight years of a 16-year mine life, at an all-in sustaining cost of $1,026 per ounce.
Farther Finance Advisors LLC Trims Stock Position in Vanguard Extended Duration Treasury ETF $EDV
Farther Finance Advisors LLC trimmed its position in Vanguard Extended Duration Treasury ETF (NYSEARCA:EDV) by 56.1% during the undefined quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 15,480 shares of the company's stock after selling 19,747 shares during the quarter. Farther Finance Advisors
Jefferies says Endeavour Mining's Assafou study is the next big stock catalyst
Endeavour Mining PLC (LSE:EDV, TSX:EDV, OTCQX:EDVMF, FRA:6E2) delivered a fourth-quarter earnings beat with strong free cash flow generation, while analysts at Jefferies see the next key catalyst as the feasibility study for its Assafou project, expected later this quarter. The West Africa-focused gold miner reported adjusted earnings per share of $0.93 for the fourth quarter of 2025, topping the Visible Alpha consensus estimate of $0.88.
Endeavour Mining well placed, Jefferies says after Q4 production beat
Jefferies analysts reiterated a “Buy” rating on Endeavour Mining PLC (LSE:EDV, TSX:EDV, OTCQX:EDVMF, FRA:6E2) after the gold producer capped 2025 with a stronger-than-expected fourth quarter, while issuing 2026 guidance broadly in line with market expectations. The brokerage said Endeavour's fourth-quarter production of 298,000 ounces beat both its own forecast and consensus estimates, noting the company met its FY guidance after a solid finish to the year.
Endeavour confirms bumper dividend as gold miner's full year comes in at upper end of expectations
Endeavour Mining PLC (LSE:EDV, TSX:EDV, OTCQX:EDVMF, FRA:6E2) told investors it achieved its FY-2025 guidance and declared a record second-half dividend of US$200 million. The gold miner reported FY-2025 gold production of 1.209 million ounces in the year, at an all-in cost (AISC) of around US$1,435 per ounce.
EDV: Monitoring Inflation And Term Premium
The Vanguard Extended Duration Treasury Index Fund ETF offers efficient, low-cost exposure to long-duration US Treasury STRIPS, amplifying sensitivity to interest rate changes. EDV's 4.9% yield to maturity, 24.1-year average duration, and 0.05% expense ratio position it as a high-quality, cost-effective duration play. Maintaining a position in EDV is justified while inflation remains above target and term premiums are elevated, as the fund's price is highly sensitive to these macro drivers.
Endeavour Mining targets up to 15M oz in new exploration push — Jefferies
Endeavour Mining PLC (LSE:EDV, TSX:EDV, OTCQX:EDVMF) has laid out an ambitious five-year exploration plan aimed at adding 12 to 15 million ounces of gold at a discovery cost of under $40 an ounce, analysts at Jefferies highlighted on Tuesday. Jefferies said the scale of the program distinguishes the company in a sector struggling to find high-quality new deposits.
