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This Fund aims to precisely mirror the overall investment performance of The BofA Merrill Lynch Long Treasury Principal STRIPS Index, prior to any deductions for management fees and operational costs.

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.

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.

For decades, the playbook for high-income investors was almost reflexive: put municipal bonds in your taxable account, put Treasuries and corporates in your IRA.

Treasurys rose in price terms in Asia on Tuesday morning following a U.S. holiday on Monday.