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home / news releases / UBT - January 2020 Yield Curve Update


UBT - January 2020 Yield Curve Update

Interest rates have declined back toward the August lows (though they have bounced back up a bit over the past couple of days). Generally, this month has continued the trend that suggests the Fed will be a bit behind the curve, long-term rates will remain low, and eventually they will have to lower their target overnight rate in an attempt to expand the money supply.

In the second graph, the bullish signal would be a 10-year yield pushing far above the regression lines. Those lines are my estimation of a de facto yield curve inversion.

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Stock Information

Company Name: ProShares Ultra 20+ Year Treasury
Stock Symbol: UBT
Market: NYSE

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