On Thursday, the iShares 7-10 Year Treasury Bond ETF (IEF) fell 0.6% and the iShares 20+ Year Treasury Bond ETF (NasdaqGS: TLT) declined 1.0%. Over the past three months, IEF has retreated 4.8% and TLT has decreased by 13.5%. Yields on benchmark 10-year Treasury notes crossed over 1.75% for the first time in 14 months on Thursday a day after the Federal Reserve pledged to look past rising inflation and maintain its near-zero interest rate policy at least until 2023.