ProShare Ultra Short 20+ yr Treasury ETF

TBT-N

NYSEARCA:TBT

25.72
0.30 (1.18%)

Analysis and Opinions about TBT-N

Signal
Opinion
Expert
COMMENT
COMMENT
November 17, 2017

Inverse Bond ETF’s? The graph shows a higher low each time. With the expectation of rates going up, he expects it to move up. He would look at this on a month-to-month basis. Q2 is where he would be looking at acquiring bonds, if there are some hiccups and a deflation theme is starting again.

Inverse Bond ETF’s? The graph shows a higher low each time. With the expectation of rates going up, he expects it to move up. He would look at this on a month-to-month basis. Q2 is where he would be looking at acquiring bonds, if there are some hiccups and a deflation theme is starting again.

Hap (Robert) Sneddon FCSI
Chief Portfolio Manager & Founder, Castlemoore Inc.
Price
$34.350
Owned
Unknown
DON'T BUY
DON'T BUY
September 4, 2014

Shorting Bonds? He suggests an inverse ETF. It is probably a good trade, but not a huge trade. Unless you time it right it is tough.

Shorting Bonds? He suggests an inverse ETF. It is probably a good trade, but not a huge trade. Unless you time it right it is tough.

Joey Mack
Director, Fixed Income, ScotiaCapital
Price
$56.850
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
June 27, 2014

(A Top Pick July 20/13. Down 16.67%.) Took some money out of this, but continues to trade it, as opposed to investing. At some point he expects interest rates are going to go up, and rather quickly.

(A Top Pick July 20/13. Down 16.67%.) Took some money out of this, but continues to trade it, as opposed to investing. At some point he expects interest rates are going to go up, and rather quickly.

Jaime Carrasco
Portfolio Manager, Canaccord Genuity
Price
$61.130
Owned
Yes
TOP PICK
TOP PICK
July 20, 2013

This ETF basically moves inversely to 20 year+ US bonds. This is double leveraged so it is one that you use as a trading vehicle. Amazed that they have not been able to lower interest rates lower than they have.

This ETF basically moves inversely to 20 year+ US bonds. This is double leveraged so it is one that you use as a trading vehicle. Amazed that they have not been able to lower interest rates lower than they have.

Jaime Carrasco
Portfolio Manager, Canaccord Genuity
Price
$73.358
Owned
Yes
DON'T BUY
DON'T BUY
September 19, 2012

This is the ultra-short long treasuries, which is basically a levered product. With this one you are betting against the Fed which recently announced they are going to be buying 10-30 year bonds until the economy improves. You will have a buyer against you for a long time, however if the economy succeeds, the yield should increase. You have the time against you so you have to be careful. Wait until you see growth rates really pick up in manufacturing, consumers and housing.

This is the ultra-short long treasuries, which is basically a levered product. With this one you are betting against the Fed which recently announced they are going to be buying 10-30 year bonds until the economy improves. You will have a buyer against you for a long time, however if the economy succeeds, the yield should increase. You have the time against you so you have to be careful. Wait until you see growth rates really pick up in manufacturing, consumers and housing.

Marc-Andre Gaudreau
Sr. VP Fixed Income, Natcan Investment Management
Price
$16.400
Owned
Unknown
COMMENT
COMMENT
August 15, 2012

With this one, you are making a bet that US long bonds are going to decline. If you think interest rates are going up and bond prices are going to come down, this is a way to play it on a short-term basis and get 2 to 1 leverage. Every time you deal with a leveraged ETF, recognize that what they are doing is rolling over a series of futures contracts and there is a cost to doing that. That cost is implicit in the value of the product.

With this one, you are making a bet that US long bonds are going to decline. If you think interest rates are going up and bond prices are going to come down, this is a way to play it on a short-term basis and get 2 to 1 leverage. Every time you deal with a leveraged ETF, recognize that what they are doing is rolling over a series of futures contracts and there is a cost to doing that. That cost is implicit in the value of the product.

Richard Croft
President, R.N. Croft Financial Group Inc.
Price
$16.310
Owned
Unknown
TOP PICK
TOP PICK
August 10, 2012

This is a bet against US bonds. He would think that in 3 to 6 months you will see it higher. Thinks the big drop in yield is over and this is a way to play it. This is high risk.

This is a bet against US bonds. He would think that in 3 to 6 months you will see it higher. Thinks the big drop in yield is over and this is a way to play it. This is high risk.

Bill Carrigan
Technical Analyst, Getting Technical Info Service
Price
$15.420
Owned
No
PAST TOP PICK
PAST TOP PICK
June 17, 2011
(A Top Pick July 16/10. Down 8.47%.) Ultra Short 20+ US Treasury ETF. Got ambushed when the US fed started buying back their own paper. Still thinks the rates are going to rise.
(A Top Pick July 16/10. Down 8.47%.) Ultra Short 20+ US Treasury ETF. Got ambushed when the US fed started buying back their own paper. Still thinks the rates are going to rise.
Bill Carrigan
Technical Analyst, Getting Technical Info Service
Price
$32.590
Owned
Yes
PAST TOP PICK
PAST TOP PICK
May 27, 2011
(A Top Pick July 16/10. Down 6.79%.) Ultra Short 20+ US Treasury ETF.
(A Top Pick July 16/10. Down 6.79%.) Ultra Short 20+ US Treasury ETF.
Bill Carrigan
Technical Analyst, Getting Technical Info Service
Price
$33.330
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
May 24, 2011

(A Top Pick April 12/11. Up 2.8%.) Sold April Calls.

(A Top Pick April 12/11. Up 2.8%.) Sold April Calls.

Derek Webb, CFA
Chairman, CIO, Webb Asset Management
Price
$33.580
Owned
Unknown
TOP PICK
TOP PICK
April 12, 2011
Wants to try to protect himself from interest rates. It is the inverse of the 20-year bond in the US. If interest rates go up it goes up. He is long TBT, writing options on TBT to get the options premium. 2.9% option premium. Option expiration is this Saturday.
Wants to try to protect himself from interest rates. It is the inverse of the 20-year bond in the US. If interest rates go up it goes up. He is long TBT, writing options on TBT to get the options premium. 2.9% option premium. Option expiration is this Saturday.
Derek Webb, CFA
Chairman, CIO, Webb Asset Management
Price
$38.090
Owned
Yes
PAST TOP PICK
PAST TOP PICK
December 20, 2010
(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.
(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.
Bill Carrigan
Technical Analyst, Getting Technical Info Service
Price
$38.180
Owned
No
DON'T BUY
DON'T BUY
September 29, 2010
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.
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.
Jeff Black
President & CIO, Crestridge Asset Management
Price
$31.210
Owned
No
DON'T BUY
DON'T BUY
July 30, 2010
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.
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.
John Hood
President & Portfolio Manager, J. C Hood Investment.
Price
$35.850
Owned
Unknown
TOP PICK
TOP PICK
July 16, 2010
Ultra Short 20+ US Treasury ETF. He is a bull so is bearish on bonds.
Ultra Short 20+ US Treasury ETF. He is a bull so is bearish on bonds.
Bill Carrigan
Technical Analyst, Getting Technical Info Service
Price
$35.740
Owned
No
DON'T BUY
DON'T BUY
May 26, 2010
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.
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.
Andrew McCreath
Senior Portfolio Manager, Sentry Select Capital
Price
$38.780
Owned
No
COMMENT
COMMENT
January 6, 2010
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.
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.
Joey Mack
Director, Fixed Income, ScotiaCapital
Price
$50.710
Owned
Unknown
TOP PICK
TOP PICK
September 25, 2009
ProShares Ultra Short 20+ yr Treasury ETF. In 3 years interest rates will be dramatically higher in the US. Also, the US$ is dead. This is a good way of betting against that.
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.
Peter Grandich
Chief Market Commentator, Agoracom.com
Price
$44.590
Owned
No
COMMENT
COMMENT
May 8, 2009
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.
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.
Hank Cunningham
Fixed Income Strategist, Odlum Brown Limited
Price
$52.240
Owned
No
WATCH
WATCH
March 25, 2009
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.
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.
Vinny Catalano
Chief Investment Strategist, Blue Marble Research
Price
$46.110
Owned
No
BUY
BUY
February 12, 2009
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.
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.
Kevin O'Leary
Chairman, O'Leary Funds
Price
$45.960
Owned
Yes
COMMENT
COMMENT
October 20, 2008
Double leveraged reverse ETF. Word of caution, the company sponsoring this is Lehman Brothers.
Double leveraged reverse ETF. Word of caution, the company sponsoring this is Lehman Brothers.
Don Vialoux
Research Analyst, TimingTheMarket.CA & EquityClock.COM
Price
$62.630
Owned
Unknown
Showing 1 to 22 of 22 entries
  • «
  • 1
  • »