PST News and Press, ProShares UltraShort Lehman 7-10 Year Treasury From 02/09/24

2024-02-09 09:30:00 ET Summary Strong GDP and jobs growth shows that the US economy continues to shrug off high borrowing costs and tight credit conditions, largely through robust government spending and consumers running down their savings. These factors will be less supportive i...

2024-02-08 09:59:00 ET Summary The brief banking panic is behind us - at least until we get the next one. In front of us is a Fed in a holding pattern, and a May cut is now being questioned. As the Fed strip nudges higher, so too does the US 10yr yield. The 4.25% to 4.5% area ...

2024-02-08 05:20:00 ET Summary Last year's update of CPI seasonal adjustment factors was a big deal, showing inflation momentum was stronger than thought at the end of 2022, catching both the market and the Federal Reserve off guard. Friday sees the 2023 update with the market wat...

2024-02-08 04:17:00 ET Summary US productivity growth accelerated sharply over the course of 2023. Financial markets have been paying close attention to various measures of inflation, wage growth, gyrations in employment and unemployment, and consumer and business confidence. Over...

2024-02-08 04:00:00 ET Summary After the release of the January Employment Situation report, it must have felt like Groundhog Day for the U.S. Treasury market. Heading into the January release, there had been some conjecture that the annual revisions could potentially reveal a slo...

2024-02-08 03:43:00 ET Summary At the beginning of the year, the market was pricing in fairly high odds of as many as 5 interest rate cuts by the Fed this year, the first one coming in March. Now, just a month later, March appears to be off the table with the odds of a cut down to jus...

2024-02-07 11:30:00 ET Summary Will US jobs report push timeline for interest rate cuts back? How Canada's economy compares to U.S. The Fed's cautionary approach to rate cuts. Transcript Greg Bonnell: Following another red-hot US jobs report, Fed ...

2024-02-07 05:45:00 ET Summary The Fed poured cold water on a March rate cut, but the underlying message still has rates coming down. Gross domestic product growth for 2023 was above the long-term rate, which kept inflation somewhat warm. Even if the economy enjoys a soft land...

2024-02-07 05:10:00 ET Summary Money supply growth fell again in December, remaining deep in negative territory after turning negative in November 2022 for the first time in 28 years. During periods of economic boom, money supply tends to grow quickly as commercial banks make more...

2024-02-07 03:18:00 ET Summary The recent congressional continuing resolutions have slightly dampened the extremes, but most of the extraordinary spread is still in the marketplace. In my opinion, the benefit of higher interest rates flows to the buyer of a tax-free municipal bond...