
‘Widow Maker' Bond-ETF Trade Delivers Fast Gains for Dip-Buyers
Dip buyers in the dangerous world of long-dated Treasury debt are enjoying a rare pay day — and fast.
Investors over the past week poured $1.8 billion into BlackRock Inc. 's iShares 20+ Year Treasury Bond ETF (ticker TLT) — the most among all the 630 ETFs that Bloomberg tracks — just as longer-maturity government bonds sold off on fears over America's debt trajectory.

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Yahoo
16 minutes ago
- Yahoo
Apple Reportedly Changing Numbering System For iOS, Choosing Tahoe for Mac OS Name
Apple may be on the verge of a big change in the way the company names its software updates -- and it's an approach that may seem familiar to anyone who's familiar with Windows 95 or a '57 Chevy. Bloomberg reported Wednesday that Apple is rebranding its operating systems by using the last two digits of the upcoming year. So the current iOS 18 will be replaced by iOS 26, not iOS 19, when it arrives in the fall of 2025. A representative for Apple didn't immediately respond to a request for comment. More Apple name news came on Monday, when Bloomberg reported that Apple's next Mac operating system is called Tahoe, as in Lake Tahoe, Tourism reps for the California-Nevada lake told CNET they thought that the name choice, if correct, is "a beautiful boost for our year-round destination." Read more: Apple's MacOS Reveal at WWDC: What the New Tahoe Name Says About What's Coming Bloomberg cites unidentified sources who say that the additional updates will take the names iPadOS 26, MacOS 26, WatchOS 26, TVOS 26 and VisionOS 26. According to the sources, the hope is to bring consistency to Apple's branding and remove confusion. Bloomberg notes that current operating systems, including iOS 18, WatchOS 12, MacOS 15 and VisionOS 2, use different numbers since they didn't debut at the same time. The company is expected to announce the name change and more cohesive user interfaces across devices at its Worldwide Developers Conference on June 9. It's noteworthy that the Bloomberg story made no mention of renaming iPhones. The current iPhone model is iPhone 16, which came out in February. The iPhone 17 lineup is expected to be announced in September, but there's no word on it being renamed to iPhone 26 rather than iPhone 17. The new numbering system would reflect the last two digits of the upcoming year, 2026, rather than the current year of 2025, similar to new automobiles. Samsung and Microsoft have both used year-based naming systems.
Yahoo
17 minutes ago
- Yahoo
Want to Buy a New iPhone? Now's Not the Time, and Here's Why
If you're ready to upgrade your iPhone, you may want to hang tight. Apple unveiled the iPhone 16 lineup back in September, which means the company is due to launch the next generation of its handset, likely in the fall. That means if you can wait a couple of months to buy your next iPhone, you can either score the latest device or get a discount on previous models. Newer iPhones tend to include camera and processor upgrades, as well as new features to make them more enticing. For instance, the iPhone 14 Pro models introduced Dynamic Island, the iPhone 15 Pro and Pro Max debuted the Action button, and the iPhone 16 series added the Camera Control button and Apple Intelligence across the full lineup, rather than on just the Pro models. According to leaks and reports, the iPhone 17 lineup, which Apple technically has yet to confirm, could have a fresh camera setup and new color options and, perhaps most notably, could include a slimmer version of the iPhone, to compete with similar offerings like Samsung's Galaxy S25 Edge. The next version of iOS could also get a makeover, in what Bloomberg has described as Apple's biggest software shakeup in years. You can check out our iPhone 17 rumor roundup for more on what might be coming in the fall. Overall, iPhone upgrades over the last several years have been relatively modest. And it's likely, based on rumors, that the iPhone 17 lineup will generally follow that mold. But even with more moderate changes, now's not a good time to buy a new iPhone, if you can help it. We're just about four months away from the anticipated launch of Apple's next smartphone. So if you hold on a little longer, you can snag that flashy new device when it drops, likely in September, based on previous iPhone launches. If you buy a new iPhone 16 now, you'll probably pay full price for something that in just a few months' time will technically be outdated (the harsh reality of the annual phone release cycle). And even if you get a good deal through your carrier now, if you stick it out just a bit longer, you could potentially get an even more lucrative deal once the iPhone 17 drops and carriers ramp up their promotions. If anything, waiting to see what the iPhone 17 has in store could at least help you confirm whether going with the newest device or an older one like the iPhone 16 or 15 is worth it. After all, if the differences are minimal, you might as well save a couple hundred dollars by choosing a previous model. And chances are -- if the iPhone 17 is anything like the last several iPhones -- no one will even be able to tell. One big unknown is whether tariffs will affect the price of the iPhone 17, which could sway your purchasing decisions. While smartphones and computers were given an exemption from President Donald Trump's more extensive tariffs, he recently said Apple will still have to pay a 25% tariff on iPhones made outside the US. This would almost certainly lead to a price hike. But even without tariffs, the iPhone is due for a markup, according to CNET's Patrick Holland. "The iPhone hasn't had a price hike in five years and is due for one," he writes. "Historically, that's the longest stretch of time the company has gone without an increase." (You can check out more of his thoughts here.) So, is it still worth waiting for the iPhone 17? It depends. If you were already planning on purchasing a new iPhone and can't wait much longer, I can understand panic-buying now. But bear in mind you'll still likely pay full price for an iPhone 16 model that will be worth less the moment the iPhone 17 drops. So, you might be coughing up more for an iPhone 17, but at least you'll get more bang for your buck. There's not necessarily a "best" time to buy a new iPhone, since prices are pretty consistent throughout the year, but the fall is an enticing option. That's when Apple introduces its latest slate of iPhones, and when carriers are eager to attract new customers and lure in business with abundant trade-in deals and promotions. And again, even if you don't want the latest and greatest iPhone, you can at least snag an older version at a discount right after the iPhone 17 drops. In general, we recommend upgrading to a new phone if your existing one is more than two generations old. You can typically wring more life out of your device, but if you want to stay on top of the latest features like Apple Intelligence, leveling up is the way to go. And with just a few more months left before the anticipated drop of the iPhone 17, you might as well see what fresh capabilities Apple's got up its sleeve.


Tom's Guide
24 minutes ago
- Tom's Guide
macOS 26 Tahoe: Everything we know so far
Get ready to meet the newest edition of macOS, because I expect it's about to be unveiled. I say that because I've been covering Macs for decades, and Apple reliably introduces us to the next iteration of its operating systems at its annual Worldwide Developers Conference. With WWDC 2025 kicking off June 9, I'm confident we're about to meet the sequel to macOS Sequoia. Of course, we won't know for sure what this year's edition of macOS will be called or what features it will offer until we get it straight from Apple. But in the meantime we've seen some compelling reports and rumors about what the next version of macOS will be called and how it will work. For starters, Bloomberg's Mark Gurman reports that Apple will reveal macOS Tahoe as the name of this year's Mac operating system. Gurman has also reported that Apple is planning to start branding its operating systems by the year in which they're launched, so what was iOS 19 will potentially be iOS 26 — and macOS Tahoe might also be thought of as macOS 26. Whatever it ends up being called, here's everything we know so far about macOS Tahoe. We won't know for sure when the next version of macOS is coming until Apple tells us at WWDC 2025, but since I've been doing this for awhile I feel pretty confident I can make an educated guess. For the last few years Apple has consistently announced a new version of macOS at WWDC in June, then shipped a developer beta the same month followed by a public beta in July. Get instant access to breaking news, the hottest reviews, great deals and helpful tips. So if you're willing to try the beta version and risk the accompanying bugs and crashes, you might be able to get your hands on macOS Tahoe this summer. If not, I expect we'll have to wait until September 2025 for the full release of macOS Tahoe. Every year Apple releases a new version of macOS, and every year a few more Macs fall off the list of supported devices as time marches on. Personally I've been a little amazed that macOS Sequoia supported Macs made as far back as 2018, when they were still shipping with Intel chips inside instead of Apple silicon. But that looks likely to change, as we've heard reports that macOS Tahoe will no longer support Intel-based Macs. Now we won't know for sure until Apple tells us at WWDC 2025, but right now Apple Insider is reporting that the list of macOS 26 supported devices does not include the following Macs: 2017 iMac Pro, 2018 Mac mini, all 2018 MacBook Pro models and all Intel-based 2020 MacBook Air models. If that proves true, I predict these Macs will support macOS Tahoe: Here's where I'm really making educated guesses, because the feature set of macOS changes significantly nearly every year in response to Apple's priorities. New Apple Intelligence features: This year, for example, I expect new Apple Intelligence features to be a cornerstone of macOS Tahoe. After making a big show of launching "AI" at WWDC last year, Apple has delayed or slowed the rollout of its key features, so WWDC 2025 is make-or-break for Apple Intelligence on iPhones, iPads and Macs. Apple AI models open up to developers: Plus, I've read reports from Gurman that macOS Tahoe will open up Apple's AI models to third-party developers so they can build Mac apps which integrate Apple Intelligence more effectively and use Apple's AI models to power their own AI features. So even if Apple Intelligence on macOS doesn't blow us away in the next year or two, we may soon see more impressive AI apps hitting the Mac App Store. New gaming app: I've seen credible reports that Apple will be launching a new gaming app across its various devices that will sort of function like a revamped Game Center, serving as a one-stop shop for launching games, tracking friends and time played, achievements and more. The macOS version will almost certainly promote Apple Arcade and the games in the Games section of Apple's Mac App Store, but I bet it will also be capable of tracking games downloaded through platforms like Steam. New visual design: Many reports have surfaced that Apple plans to roll out a macOS visual redesign with Tahoe, and I find that pretty easy to believe. We usually get at least a small visual makeover with every new version of macOS, and reports are that macOS Tahoe is getting a larger-than-usual visual makeover that will make it look very similar to the VisionOS-inspired 'Solarium' UI makeover coming in iOS 19. Those are the most credible rumored new features I've heard of so far, but I'll keep my ear to the ground and update this post as soon as we learn anything else about macOS Tahoe.