UBT News and Press, ProShares Ultra 20+ Year Treasury From 09/05/23

2023-09-05 01:20:00 ET Summary The revision to Q2 GDP last week showed that real GDP rose by 2.1% annualized while the GDP deflator (a measure of inflation) rose 2% annualized. Personal consumption rose in July by 0.8%, outstripping the gain in personal income (+0.2%) and well in ...

2023-09-04 06:28:00 ET Summary U.S. GDP growth has beaten expectations and come in above its long-term trend. Prices rise in the dominant non-housing services parts of the CPI basket remain stubborn. U.S. job openings slumped to their lowest level in two-and-a-half years. ...

2023-09-02 00:15:00 ET Summary Establishment Survey reports a gain of 187,000 and the Household Survey reports a gain of 222,000. Each continues the rising trend since 2020. Real Personal Income continues to rise. Inflation reported as the 12mo Trimmed Mean PCE sustains above 4% w...

2023-09-01 21:52:00 ET Summary Historically, market internals have provided a fairly reliable gauge of where yields should be from a growth and inflation perspective. Bond bulls have been quick to highlight how bearish speculative positioning is towards the bond market, which is c...

2023-09-01 14:30:00 ET Summary Is the US labour market about to turn a corner? Why bond yields may keep rising. What the bond market is telling us about future rate hikes. The U.S. economy has surprised many with its resiliency, despite aggressive rate hikes by the F...

2023-09-01 00:50:00 ET Summary Shouldn't market rates be falling by now? No, not yet and we'll tell you why they remain under upward pressure. Most of it reflects US resilience; that's reflected in the market discount to where rates get cut in the future, and that discount remains...

2023-08-31 14:15:00 ET Summary After more than two years of high inflation, the Federal Reserve finally has inflation back on target. The Fed is aiming for 2 percent inflation. Now, inflation is back around 2 percent. In general, the Fed should set expectations and then delive...

2023-08-31 04:28:00 ET Summary US$ gold price has retraced less than half of its up-move from its Q4-2022 low. The decline in the T-Bond price over the past four months and especially over the past month was not driven by changing expectations regarding inflation or the Fed’...

2023-08-31 02:15:00 ET Summary Some idea of where equilibrium might be for interest rates is important to gauge both the stringency of monetary policy as well as the value opportunity for bonds. For investors, bond yields tend to over- and under-shoot their equilibrium in harmony ...

2023-08-31 00:30:28 ET Summary Even using conservative interest rate assumptions and aggressive stock market expected returns, long-term treasuries have a higher expected return and lower risk compared to the stock market. Bond math dictates that long-term treasury returns are asy...