Can anyone help me understand the relationship between the stock price (of say TLT, 30yr tbonds) and the underlying yield? Is the price inversely proportionate to the yield, as you expect from Bonds or are there other issues involved (omitting funds expenses)? Thank you in advance for any response.
yep, you got it right. That's why I started selling mine in March. JUST A TAD BIT EARLY. But it was good for a long time, about 6.5% per year, year after year, when stocks were acting badly.