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home / news releases / TYBS - Bond Market Week In Review For 3/16-3/20


TYBS - Bond Market Week In Review For 3/16-3/20

Investment thesis: The bond market is very unstable right now. Take no new positions. Cash is king during this turmoil.

This has been one of the consequential weeks in the bond market in quite some time. Consider the following actions from the Federal Reserve:

On Sunday, the Fed cut rates a full percentage point (emphasis added):

The coronavirus outbreak has harmed communities and disrupted economic activity in many countries, including the United States. Global financial conditions have also been significantly affected. ...

Consistent with its statutory mandate, the Committee seeks to foster maximum employment and

Read more ...

Stock Information

Company Name: Direxion Daily 20+ Year Treasury Bear 1X Shares Direxion Shares ETF Trust
Stock Symbol: TYBS
Market: NYSE

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