PowerShares UltraShort Lehman 20+ Year Treasury ProShares 2x Shares

NYSE ARCA: TBT
$38.28
+$0.48 (+1.3%)
Closing price April 25, 2024
PowerShares UltraShort Lehman 20+ Year Treasury ProShares 2x Shares, managed by ProShare Advisors LLC, is an exchange-traded fund (ETF) that aims to offer returns that are twice the inverse of the daily performance of the ICE U.S. Treasury 20+ Year Bond Index. By investing in U.S. Treasury securities with over 20 years to maturity and employing derivatives like futures and swaps, this fund is designed for investors looking to potentially profit from declines in long-term U.S. Treasury bond prices.
It has now been six years since the depths of the Great Recession and the ensuing stock market sell-off. We have not had a 10% correction in the markets in over three years.
Source: ThinkstockFor years the inflation monster has been the genie in the bottle or in Pandora’s box. It was something we were warned about, but told not to be concerned over. Food and energy...
Source: Jon OggMore than once over the past two years, the 24/7 Wall St. team has tried to identify opportunistic times to effectively short the Treasury bond market. If the horrible reaction to...
While 2014 has started off slow, the overall outlook for the year is positive. 24/7 Wall Street has combed Wall Street research and ideas, for what may be the top five trades for 2014.
Source: ThinkstockWith a stock market that has posted a 23% gain on the S&P 500 Index so far in 2013, the Prime Brokerage team at Credit Suisse is starting to see some interesting changes in hedge...
Source: Jon OggIt is no secret now that interest rates have risen. Long-term Treasury yields and even intermediate Treasury yields are now perhaps even starting to normalize even with Ben Bernanke...
Source: Jon OggThe US Treasury 30-year bond, the so-called Long Bond, is proving to be a widow-maker to those who bought a couple of months ago. Most investors did not want to hear that a mere 1%...
Source: ThinkstockThe next great short is apparently happening sooner than many market participants expected. As interest rates rise, investors are starting to get their heads handed to them if they...
Source: ThinkstockThe never-ending bull market in Treasury bonds appears to be looking more and more as though the party is over. At some point, the risk-reward is just too great and people will only...
Source: Jon OggIs the Treasury market finally living up to its threat as the next big short? The money that was made in the period from 2007 to 2009 on the subprime mortgage short provided some of...
Source: Jon OggJust over one month ago we made the case that perhaps the best short since the heyday of the subprime mortgage debacle may be on the horizon. Our December 5 story identifying the...
Source: Jon OggInterest rates are nearly zero and the Federal Reserve has pledged to keep them that way until unemployment reaches 6.5% and as long as inflation does not get to a level that would be...
What is the next big short? The money that was made from 2007 to 2009 on the subprime mortgage short provided some of the most staggering profits that hedge funds ever realized. Heavy hitters like...
Is the end of the low rates, or no rates, in Treasuries finally coming closer to fruition?  We would advise against betting the ranch that a super-spike is coming in rates at this point because the...
The U.S. Treasury has not had the best week when it comes to Treasury debt auctions.  The 30-Year $16 billion Long Bond auction was a dud.  You have to consider that the 30-year ‘on the run’...