TYBS News and Press, Direxion Daily 20+ Year Treasury Bear 1X Shares Direxion Shares ETF Trust From 11/03/19

Over the last several months we have seen much action in the interest rate realm. We have seen the Fed begin a “non-QE” bond buying program, which has now reached levels in excess of QE3. We have also seen the Fed lower their rate several times. However, if anyone has been paying...

By James Ong, Director, Derivative Portfolio Management As expected, the Federal Reserve (Fed) cut the federal funds rate band by 25 basis points from 1.75%-2.00% to 1.50%­-1.75%. 1 Changes in the text of the Federal Open Market Committee statement, as well as information provi...

There is virtually nothing with yield in the public markets that exists any longer. This has all been engineered by the world's central banks as the nations they represent cannot afford their budgets or social programs. So, they turned to their central banks to make "Pixie Dust" money and then...

As expected, the Fed cut its target rate by 25bps for the third time this year as a response to the global slowdown in the economic activity since the beginning of 2018, lowering the range to 1.5-1.75%. Powell mentioned that the current stance of the monetary policy continues to provide meanin...

What typically distinguishes recessions from downturns is the inventory cycle. Even in 2008, that was the basis for the Great "Recession." It was distinguished most prominently by the financial conditions and global-reaching panic, true, but the effects of the monetary crash registered heavies...

In the past few years, one argument we have heard from many deflationists is that since the inflation spiked in the late 1970s, core CPI has constantly been making lower highs – from 13.6% in June 1980 to 2.4% in the last cycle – which suggest that we are set to reach new lows ...

By Colin Lloyd The aftermath of the financial crisis uncovered many nefarious financial market activities. Among them was the tradition, among banks, of manipulating the LIBOR rate. A major US antitrust class action ensued and countless other complaints materialized. That the LIBOR fixin...

By Hemant Baijal , Head of Multi-Sector Portfolio Management, Global Debt Senior Portfolio Manager; Meral Karasulu , PhD, Director of Fixed Income Research, Global Debt Team The weakness in manufacturing and trade made the global economy lose momentum, but the Global Debt Team s...

By Kevin Flanagan Once again, as widely expected, the Federal Reserve (Fed) voted to cut rates at its October FOMC meeting. This marks the Fed's third consecutive quarter-point reduction and places the new Federal Funds target in the 1.50% to 1.75% range. The question that now comes to min...

By Ed Moya The Fed still has high hopes this is only going to be a mid-cycle adjustment. The third consecutive rate cut appears to be the last one we will see at least until early next year. The risks to the outlook have moved in a positive direction and the Fed seems committed to followin...