Performance impact of holding TLT vs bonds directly?

[dualstow]

(to mathjak107)
Your insight on securities lending in TLT is not new here.  Xan mentioned it on page 1, and RickB posted a link to a thread on this forum more than two years old discussing this.  We are not slanted lemmings, and I suggest you step back and read more before preaching or insulting the intelligence of other posters. 

I still have the email from Blackrock regarding this. Mentioned in this April 2012 thread. (Reply#14).