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The iShares 10-20 Year Treasury Bond ETF seeks to track the investment results of an index composed of U.S. Treasury bonds with remaining maturities between ten and twenty years.

Wall Street is eyeing the bond market's long summer slump as oil price soar and debt levels escalate.

Fresh tensions over the Strait of Hormuz, a vital maritime route for 20% of the world's oil, could keep gasoline from falling below the $3 mark.

The Nikkei 225 Index traded sideways on July 8 as artificial intelligence (AI) stocks rebounded after Tuesday's sharp sell-off. The index was trading at 39,770, about 7% below its highest level this year.

Bond ETF inflows are running 60% ahead of last year's level, which was itself a record pace, a rise that a BlackRock executive described as "shocking" to CNBC. Elevated stock market volatility, a new Fed chair, and ongoing inflation fears are all part of the picture as investors in the market hunt for maximum "real yield.

The U.S. Federal Reserve is becoming tougher for Wall Street to forecast, with dramatically different views on where monetary policy is headed.