Treasury ETF Rally Points to Safety Trade, Deflation Worries

The recent advance in exchange traded funds indexed to long-term U.S. Treasury bonds is a bad sign for equity investors looking for a Santa Claus rally to end 2011. The $3.4 billion iShares Barclays 20+ Year Treasury Bond Fund (NYSEArca: TLT) gained nearly 5% last week. Yields on the 30-year...