iShares Barclay 20+ YR Treasury (TLT) volatility elevated into sharp bond rally

iShares Barclay 20+ YR Treasury ETF (NYSE: TLT) is recently up 2.84 to $121.52 in pre-open trading. Overall option implied volatility of 21 is above its 26-week average of 17 according to Track Data, suggesting larger price movement.

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