NYSEARCA:TBT

ProShare Ultra Short 20+ yr Treasury ETF (TBT)

35.69
-0.17 (0.47%)
as of Jun 4, 2026, 6:08:48 pm Market Open.
5 watching
0
PAST TOP PICK
(A Top Pick July 18/10. Up 7.27%.) Felt that rates would go up. Was surprised that they went up as fast as they did.
DON'T BUY
Ultra Short 20+ yr Treasury ETF. (Shorts long-term debt of the treasury.) Hard to see where they could go much lower but how long they stay down remains to be seen. Day trading oriented, especially with the 2X leverage.
DON'T BUY
Ultra Short 20+ Year Treasury ETF. This is a 2 X leveraged bond fund so it is not something you would hold long-term. Replete with risks and not for the average investor.
TOP PICK
Ultra Short 20+ US Treasury ETF. He is a bull so is bearish on bonds.
DON'T BUY
Ultra Short 20+ Yr Treasury ETF. Warning flag for him is that this is an ultra at 2X or 3X. Actual underlying bond may have a certain price movement that will not be correlated at all to what the ETF does. Do not get involved with doubles or triples.
COMMENT
Shorting bonds? More difficult and very limited compared to typical stock trades and margin requirements are usually such that it doesn't make a lot of sense. ETF’s would be the space to do this. Thinks yields are going higher and the best bang for your buck in terms of bond prices falling is at the long end. Yields should go higher in the US than in Canada. This ETF is probably the easiest way to do it.
TOP PICK
ProShares Ultra Short 20+ yr Treasury ETF. In 3 years interest rates will be dramatically higher in the US. Also, the US$ is dead. This is a good way of betting against that.
COMMENT
Governments everywhere, certainly in North America, are expensive. 10 years at around 3.26%/3.29% and are probably going to 4% by the end of the year. That's getting back to where they should be in a normal world.
WATCH
ProShare Ultra Short 7-10 yr. (PST-N) vs. ProShare Ultra Short 20+ yr. (TBT-N). You really have to watch carefully for a good spot to step in. Government stimulus will ultimately result in inflation. Inflation means lower bond prices. Government is going to have to step into the market and float a whole bunch of bonds and we don't know if there is an appetite out there for this.
BUY
Allows you to go Short the long treasury. He wants rates to go back up at some point. Because he thinks they will, this thing is going to be a winning trade. The risk is that the US government starts buying long bond as part of its recovery. If so, he'll say OOPS it was a bad idea.
COMMENT
Double leveraged reverse ETF. Word of caution, the company sponsoring this is Lehman Brothers.
Showing 16 to 26 of 26 entries