Have you suffered losses in Dreyfus US Treasury Long-Term Fund? If so, the securities attorneys of The White Law Group may be able to help you.
Dreyfus US Treasury Long-Term Fund is a bond fund that invests primarily in long duration bonds. As such, the fund is exposed to credit risk associated with an increase in interest rates.
When interest rates rise, the value of long term bonds sold at lower interest rates decrease. The longer the maturity of the bond the greater the decrease. Long term duration bond funds like the Dreyfus US Treasury Long-Term Fund are exposed to the risk of increasing interest rates and as rates increase the value of the fund will likely decrease. Many bond investors are unaware of this risk and assume that their bond investments are their “safe” investments.
If your financial advisor failed to adequately disclose the risk of investing in Dreyfus US Treasury Long-Term Fund, you may be able to recover your losses through a FINRA arbitration claim.