UBT News and Press, ProShares Ultra 20+ Year Treasury From 10/20/23

2023-10-20 03:00:00 ET Summary The US 10-year Treasury yield has jumped from 3.75% in the third week of July to a recent high of 4.81%. Armed with estimates of the real neutral interest rate and expected inflation, subtracting those two numbers from the observed bond yield gets yo...

2023-10-18 23:15:00 ET Summary Money supply growth fell again in August, remaining deep in negative territory after turning negative in November 2022 for the first time in twenty-eight years. Since April 2021, money supply growth has slowed quickly, and since November, we've been ...

2023-10-18 20:55:00 ET Summary With all the attention given to the recent surge in Treasury (UST) yields, there has been an interesting by-product in the process: steepening yield curves. Remember when inverted yield curves were all the rage, and their historical track record was ...

2023-10-18 05:55:00 ET Summary Long-end rates have returned to - or even surpassed - yield levels seen just before the start of the conflict in the Middle East. The US Treasury 10Y yield has risen above 4.84% again. 4.8% was the level where it closed the week following a strong pa...

2023-10-18 05:34:06 ET Summary Long-duration bonds have experienced the worst drawdown in history, and there were a lot of signs of this potential. TIPS (Treasury Inflation-Protected Securities) presents an interesting investment opportunity with positive real yields. The over...

2023-10-17 09:15:00 ET Summary Global stocks didn’t experience the big sell-off many feared would occur last week, despite the rise in geopolitical risk since Hamas’ attack of Israel. There is still uncertainty about the path of monetary policy, with the focus on whe...

2023-10-17 07:30:00 ET Summary What the Gaza conflict could mean for oil markets. Why the real threat to markets is if the Israeli-Hamas conflict pulls in other actors. Managing a portfolio in a time of uncertainty. The conflict between Israel and Hamas is adding m...

2023-10-17 03:58:00 ET Summary Investors should try to respond not to the events of the past week, but to the deeper global trends they reflect. In our view, an extended period of globalization, political and geopolitical consensus, and low inflation is giving way to an age of deg...

2023-10-16 12:32:00 ET Summary We turn tactically neutral long-term Treasuries as markets price high-for-longer policy rates but stay underweight strategically. We cut high-quality credit again. U.S. stocks steadied last week as Q3 earnings season started. Ten-year Treasury yields...

2023-10-16 11:05:00 ET Summary Our proprietary signal has flashed red twice in the last several weeks. Does the double signal something more ominous approaching? The Fed pointed to the soaring 10-year yields and term premiums as indicators that its job of tightening monetary polic...