US ETFDetailed Quotes
TMF Direxion Daily 20+ Year Treasury Bull 3X Shares ETF
- 44.080
- -0.880-1.96%
Close Mar 21 16:00 ET
45.140High43.950Low
45.140High43.950Low5.02MVolume44.990Open44.960Pre Close223.62MTurnover4.19%Turnover Ratio--P/E (Static)119.95MShares63.69852wk High--P/B5.29BFloat Cap36.51052wk Low1.39Dividend TTM119.95MShs Float533.836Historical High3.16%Div YieldTTM2.65%Amplitude36.510Historical Low44.524Avg Price1Lot Size
so it has been climbing for a few days are market uncertainty pushed investors towards bonds . trade war Is imminent so why did this thing go down yesterday?
yes tariffs are inflationary but if demand cant absorb the cost which is likely, the US will start slowing consumption hence recession, hence rate cuts and tmf goes up..
is that further step logical or too thrown out?
$iShares 20+ Year Treasury Bond ETF (TLT.US)$ or $Vanguard Total Bond Market ETF (BND.US)$
are better tmf is more short term bonds are sluggish and now dealing with decay and rebalancing expense ratio of tmf tlt/bnd more suitable for long holds
I wouldn't touch ttt or tyo either cuz could just easily reverse after tmf would run eventually but afterwards probably fall more probably idk maybe maybe not last time it went to like 3 I would feel like a dick to say cut loss and then bonds rally
$Proshares Trust Ultrapro Short 20+ Yr Treasury (TTT.US)$
$Direxion Daily 7-10 Year Treasury Bear 3X Shares ETF (TYO.US)$
sometimes you gotta look at the inverse to get a clearer picture. ...
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