TLT closed at a new cycle low of 79.42 on September 24 2026, down 1.6% from 80.71 on September 15 after a relief bounce to 81.80 on September 21, and IEF closed 89.69 against 90.82 (-1.2%). Both fell on each of the last two sessions of the window as the 30-year reached 5.50%.