ProShares UltraShort 20+ Year Treasury

TBT provides 2x inverse exposure, reset daily, to a market-value-weighted index that tracks the performance of US Treasury securities with remaining maturities greater than 20 years.

The ProShares UltraShort 20+ Year Treasury ETF offers leveraged inverse exposure to long-term U.S. Treasury bonds, aiming for -2x daily performance of the ICE U.S. Treasury 20+ Year Bond Index. The TBT ETF's strategy involves short positions in U.S. Treasury futures and swaps with various banks, providing inverse exposure while mitigating counterparty risk. TBT stands out among inverse Treasury ETFs due to its -2x leverage, balancing risk and caution, with better liquidity and narrower bid-ask spreads.

TBT: A Bet Against Long Duration Rates

Invesco Senior Loan ETF

iShares Floating Rate Bond ETF

JPMorgan Ultra-Short Income ETF

Invesco Global Short Term High Yield Bond ETF

ProShares UltraShort 7-10 Year Treasury

Global X Interest Rate Hedge ETF

ProShares Short Real Estate

ProShares UltraShort Utilities

ProShares UltraShort Real Estate

iShares Treasury Floating Rate Bond ETF

Direxion Daily 20+ Year Treasury Bear 3X Shares

Long-term U.S. treasury yields have been on the uptrend lately. Benchmark U.S. Treasury yields were 4.26% on Nov. 5, up from 3.74% recorded on Oct.1.

Will U.S. Treasury Yields Surge Postelection? ETFs in Focus

The Fed's shift to a more accommodative monetary policy may not guarantee a bond market rally due to high U.S. debt and declining foreign demand. The U.S. dollar's faltering reserve currency status and political division further erode confidence in U.S. government bonds, increasing borrowing costs. ProShares UltraShort 20+ Year Treasury ETF offers a leveraged bearish bet on bonds, benefiting from potential declines in long-term U.S. Treasury bonds.

TBT: The Rate Cut May Not Lead To A Bond Market Rally

JPMorgan BetaBuilders Europe ETF

SPDR Bloomberg 1-3 Month T-Bill ETF

Xtrackers MSCI Europe Hedged Equity ETF

Xtrackers MSCI Eurozone Hedged Equity ETF

WisdomTree Europe SmallCap Dividend Fund

Vanguard Extended Duration Treasury ETF

BlackRock Enhanced Government Fund

WisdomTree Europe Quality Dividend Growth Fund

ProShares MSCI Europe Dividend Growers ETF

Direxion Daily FTSE Europe Bull 3X Shares

WisdomTree Europe Hedged SmallCap Equity Fund

iShares MSCI Eurozone ETF

First Trust STOXX European Select Dividend Index Fund

First Trust Europe AlphaDEX Fund

First Trust Eurozone AlphaDEX ETF

SPDR EURO STOXX 50 ETF

iShares U.S. Fixed Income Balanced Risk Factor ETF

Franklin FTSE Europe ETF

Franklin FTSE Eurozone ETF

First Trust IPOX Europe Equity Opportunities ETF

Goldman Sachs TreasuryAccess 0-1 Year ETF

iShares U.S. Treasury Bond ETF

iShares 25+ Year Treasury STRIPS Bond ETF

Goldman Sachs ActiveBeta Europe Equity ETF

Invesco Ultra Short Duration ETF

WisdomTree Europe Hedged Equity Fund

iShares Currency Hedged MSCI Eurozone ETF

iShares 7-10 Year Treasury Bond ETF

iShares 3-7 Year Treasury Bond ETF

iShares Core MSCI Europe ETF

iShares MSCI Europe Small-Cap ETF

iShares Europe ETF

First Trust Long Duration Opportunities ETF

ALPS O'Shares Europe Quality Dividend ETF Shares

Pacer Trendpilot European Index ETF

First Trust RiverFront Dynamic Europe ETF

Schwab Short-Term US Treasury ETF

Schwab Long-Term US Treasury ETF

Schwab Intermediate-Term US Treasury ETF

iShares 0-3 Month Treasury Bond ETF

iShares Short Treasury Bond ETF

iShares 1-3 Year Treasury Bond ETF

SPDR Portfolio Europe ETF

SPDR Portfolio Long Term Treasury ETF

SPDR Portfolio Short Term Treasury ETF

Proshares Short 20+ Year Treasury

ProShares Short 7-10 Year Treasury

iShares 10-20 Year Treasury Bond ETF

iShares 20+ Year Treasury Bond ETF

Direxion Daily 20+ Year Treasury Bull 3X Shares

ProShares UltraPro Short 20+ Year Treasury

Direxion Daily 7-10 Year Treasury Bull 3x Shares

Direxion Daily 7-10 Year Treasury Bear 3x Shares

ProShares Ultra 20+ Year Treasury

ProShares Ultra 7-10 Year Treasury

US Treasury 2 Year Note ETF

Vanguard Intermediate-Term Treasury ETF

Vanguard FTSE Europe ETF

Vanguard Long-Term Treasury ETF

Vanguard Short-Term Treasury ETF

PIMCO 25+ Year Zero Coupon US Treasury Index ETF

The ECB cut rates by 25bp as widely anticipated, but a slightly hawkish tilt bear flattened the EUR curve, which in our view remains priced aggressively. In the US, as the markets head towards the Fed's first rate cut, the probability of a larger cut rose slightly on Thursday.

Rates Spark: ECB Presser Bear-Flattened The Curve

iShares MSCI ACWI ETF

SPDR Dow Jones Industrial Average ETF

Invesco QQQ

SPDR S&P 500 ETF Trust

Panel discussion with Seeking Alpha's Steven Cress, KPMG U.S.'s Kenneth Kim; Invesco's Kristina Hooper; and Principal Asset Management CEO, Kamal Bhatia. Fed moves and how central banks have dominated markets.

Global Economic Outlook: How We Got Here; Where Are We Going?

Fidelity Low Duration Bond Factor ETF

Simplify Interest Rate Hedge ETF

FolioBeyond Rising Rates ETF

Virtus Seix Senior Loan ETF

The Fed's Neel Kashkari believes that it's likely that the Fed will cut interest rates once in 2024, possibly in December.

Rates to Stay Higher for Longer? ETF Strategies to Play

Federal Reserve Chair Jerome Powell's recent remarks indicate a delay in rate cuts.

Fed Rhetoric Turns Hawkish: ETF Strategies to Play Rising Yields

The U.S. Treasury yields are on the rise with the start of second-quarter 2024, as the hopes for interest rates cut in June cooled down following the hotter-than-expected manufacturing data.

Capitalize on Yield Surge With Inverse Treasury ETF

Stocks slumped to start Q2 as an interest rate cut by the Fed may come later than anticipated before. Investors can rely on these ETF strategies to play rising yields.

ETF Strategies to Play Rising Yields

Danielle DiMartino Booth discusses why Jay Powell wants to keep rates high. Should we trust CPI and other economic data coming out?

Should We Trust Economic Data? With Danielle DiMartino Booth

It generally takes a few years for changes in Federal Reserve rates to fully impact bond fund dividends. Bond funds are still benefitting from prior rate hikes. Perhaps by enough to cancel out any future rate cuts. By my estimations, and under current Fed guidance, most bond funds would only start to see declining dividends in 2025, at the earliest.

Estimating The Impact Of Lower Rates On Bond Fund Dividends

The long-dated Treasuries posted their biggest two-day loss in months leading to a surge in ETFs that bet against U.S. Treasury bonds.

Inverse Treasury ETFs Spike as March Rate Cut Bets Recede

2024 is expected to be a good year for bonds, but there are potential risks that could lead to a dip in bond prices. Global conflicts and US fiscal policy are identified as potential triggers for a bond dip.

Prepare For The Worst In Bonds With TBT

US Treasury 3 Month Bill Etf

2024: The Year Of Living Dangerously

iShares iBoxx High Yield Corporate Bond ETF

iShares Russell 2000 ETF

SPDR Bloomberg High Yield Bond ETF

iShares iBoxx $ Investment Grade Corporate Bond ETF

ATAC US Rotation ETF

The market may have peaked in July due to the lagged effects of the fastest rate hike cycle in history. A credit event is likely to occur, starting with treasuries and then moving to corporate credit, junk debt, and highly levered companies.

Credit Event: Phase 2 - Michael Gayed

Consumer Discretionary Select Sector SPDR Fund

Michael Kramer is disappointed by the recent CPI report, suggesting that the economy is cooling and expectations for earnings growth are too high. He believes that the market may anticipate rate cuts, but the Fed will be slow to deliver them.

CPI Disappointment, Cooling Economy, Recession Ahead? With Mott Capital

TBT remains a Buy as the bond market shows downward momentum, and there are likely more advances in store for TBT price and volume. The effects of the global pandemic regime have produced a strong Fed pivot that will likely reverberate through markets for some time. Technical analysis suggests a new bull market for TBT, while fundamental analysis indicates that the high rate of core inflation should result in higher trading prices of this instrument.

TBT: This Hedge Still Looks Right

The U.S. jobs market has been hot despite higher rates while U.S. consumers have been resilient despite high inflation.

ETF Strategies to Follow Amid Rising Rates

The Treasury term premium is back above zero, indicating that investors are demanding higher yields for long-dated Treasuries. The ProShares UltraShort 20+ Year Treasury ETF is recommended for short-term trading due to its leverage and momentum characteristics. Yields may continue to rise, benefiting TBT, as factors such as reduced Treasury holdings by Japan and China and quantitative tightening by the Fed impact the market.

TBT: No Compelling Evidence Of A Bond Bottom, Reiterate Buy

It was the chart, not the economic analysis, that led to our profits on rising interest rates.

The Rise In Interest Rates Gave A Swing Trading Opportunity

The U.S. Treasury yields have been on a surge lately, driven by the expectations of the Federal Reserve maintaining elevated interest rates. This has led to a surge in ETFs that bet against U.S. Treasury bonds.

Inverse Treasury ETFs Surge as Yields Rise

Highland iBoxx Senior Loan ETF

Bond yields are likely to be high going into 2024. Here are the best ETF strategies to play the scenario.

Bond Yields Likely to Remain High in 2024: ETF Strategies in Focus

The U.S. Treasury yields have been on a surge lately, driven by expectations that the Fed will keep interest rates higher for longer to fight inflation.

ETF Strategies to Fight Rising Rates

The U.S. Treasury yields have been on a surge lately, driven by expectations that the Fed will keep interest rates higher for longer to fight inflation and downgrade of the U.S. credit rating by Fitch Ratings.

Bets on Higher Rates Trigger Rally in Inverse Treasury ETFs

Treasury yields spiked to the highs of 2023 in the Aug 2 trading session, buoyed by plans of a flood of government-debt issuance and signs of the labor market's enduring strength. This led to a spike in ETFs that bet against U.S. Treasury bonds.

Inverse Treasury ETFs Spike as Yields Hit 2023 Highs

News for ProShares UltraShort 20+ Year Treasury ETF (TBT)