An ETF in a rising interest rate environment? One of the “go to” names for him is this one which will give you the inverted return of a falling 20 year+ bond market in the US.
(A Top Pick July 10/13. Down 12.85%.) Interest rates will normalize. The Fed is tapering their program right now, so there will be less buying of bonds, which means that interest rates should eventually move higher.
With the US government bonds falling, this ETF is shorting the 20 year treasury bonds. This also protects him from rising interest rates. If 20 year bonds move up 1%, this has a duration of 18, which basically means that if there is a 1% move the inverse movement will be 18% upwards.
ProSh Short 20+Yr Treas ETF is a American stock, trading under the symbol TBF-N on the NYSE Arca (TBF). It is usually referred to as AMEX:TBF or TBF-N
In the last year, there was no coverage of ProSh Short 20+Yr Treas ETF published on Stockchase.
ProSh Short 20+Yr Treas ETF was recommended as a Top Pick by on . Read the latest stock experts ratings for ProSh Short 20+Yr Treas ETF.
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In the last year, there was no coverage of ProSh Short 20+Yr Treas ETF published on Stockchase.
On 2024-11-22, ProSh Short 20+Yr Treas ETF (TBF-N) stock closed at a price of $24.08.