Capital continues flowing into the iShares 20+ Year Treasury Bond ETF ($TLT) despite ongoing price declines, as investors are drawn to lower valuations. Each 1% drop in price has triggered additional buying activity, reflecting a pattern of accumulation during the downturn. Historical trends suggest caution against chasing long-duration bonds during this cycle. Market analysis indicates that positioning in the short end of the yield curve currently offers a safer risk profile compared to long-dated treasuries like TLT.