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home / news releases / TYBS - Bond Market Week In Review For 4/13-4/17

TYBS - Bond Market Week In Review For 4/13-4/17

Direxion Daily 20+ Year Treasury Bear 1X Shares Direxion Shares ETF Trust

Investment thesis: the bond market is very volatile. Treasuries are still near their highs for the last several years; other parts of the market have rallied from lows due to the Federal Reserve back-stopping the market. However, this is not a good place for any but the most seasoned of investors. Right now, cash is king.

The Federal Reserve released the first pandemic Beige Book. It was understandably terrible (emphasis added):

Economic activity contracted sharply and abruptly across all regions in the United States as a result of the COVID-19 pandemic. The hardest-hit industries—because

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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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