TMF News and Press, Direxion Daily 20-Yr Treasury Bull 3x Shrs From 04/23/24

2024-04-23 09:00:00 ET Summary In its fight against inflation, the last thing that the Federal Reserve needs is an oil price shock that would result from the disruption of oil flowing through the Straits of Hormuz. High interest rates for longer are bound to deepen the commercial ...

2024-04-22 13:29:01 ET Summary The Treasury curve was up 9 basis points at 2 years and was up 12 basis points at 10 years over the last week. As a result, the current negative 2-year/10-year Treasury spread narrowed to negative 35 basis points this week, compared to negative 38 ba...

2024-04-21 16:11:47 ET Summary The article provides an update on the market outlook for 2024 using the latest Momentum Gauge® signals. It discusses the rotation from technology stocks to value stocks and the impact on the market. The article highlights the importance of f...

2024-04-20 05:50:00 ET Summary Despite extraordinary monetary tightening by the Federal Reserve, inflation remains elevated above its 2% target. The Consumer Price Index rose at an annualized rate of 4.5% over the last three months. Interest rates suggest money is tight. The m...

2024-04-20 05:30:00 ET Summary For investors whose portfolios are calculated in US dollars, the Japanese yen is down around 10% versus the greenback. The strong dollar is a direct outcome of the market’s long-overdue realization that US interest rates are likely to stay hig...

2024-04-19 03:05:00 ET Summary The only aspect of consistency in the market’s outlook for rate cuts lately has been pushing the expected date forward. Recent history falls in line with this trend and September is now seen as the earliest date for policy easing. Fed fund...

2024-04-19 02:15:00 ET Summary The March CPI release was, in retrospect, the one that apparently convinced the Fed and the market that "disinflation has stalled." "Higher for longer" is now the interest rate mantra that is driving the market; it's made people nervous, so an equity...

2024-04-18 14:00:00 ET Summary Recent trends indicate a resurgence in bond implied volatility on a global basis, with U.S. interest rates leading the charge. Currently, U.S. rates are at their highest level of the year, and have returned to current-cycle highs of last year across ...

2024-04-18 06:00:00 ET Summary Bowing to recent data, Federal Reserve Chairman Jerome Powell on Tuesday conceded that inflation progress has stalled and the case for rate cuts has weakened. The Treasury market has been effectively making the same case for weeks, but when the top c...

2024-04-18 04:00:00 ET Summary Although no rate cuts yet, the Federal Reserve is considering reducing the pace of quantitative tightening (QT). The Fed’s ultimate goal is to have only Treasuries on its balance sheet. The reduction in the Fed’s securities holdings...