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

2023-10-23 12:05:00 ET Summary U.S. corporate earnings have stagnated with the economy. We stay selective in stocks and harness mega forces like artificial intelligence as key profit centers. The 10-year U.S. Treasury yield hit 16-year highs near 5.0% last week, while U.S. stocks ...

2023-10-23 11:05:00 ET Summary Yields on the US 10-year are up nearly 150bp since April, within touching distance of 5%, and 30-year yields are now just over 5%, up from 3.7% in April. The two-year yield is up just 100bp over the same period. The yield curve has bear-steepened by ...

2023-10-23 09:45:00 ET Summary During most extended market selloffs, the majority of trading days exhibit negative gamma, exposing the market to news events. The sell-off prompts options traders to scramble to keep up with the market’s movements, often resulting in compelle...

2023-10-21 09:00:00 ET Summary Long-term borrowers, including home buyers and businesses looking for term debt, wonder why today’s interest rates are so high and when they will fall. Long-term rates may also be influenced by global factors. Long-term rates in Europe and...

2023-10-21 01:50:00 ET Summary 10-year Treasury yield this week has been bellying up to the five percent level last seen in the summer of 2007. The rush to lock in yields when the 10-year was around 3.5 percent, which is where it was at the start of this year, was not irrational. ...

2023-10-20 21:25:00 ET Summary There’s always a lot of debate about what the best inflation hedge is. Is it gold, commodities, TIPS, stocks, Bitcoin, real assets or something else? There has been a lot of chatter about long-term bonds in recent weeks as yields continue to m...

2023-10-20 20:09:00 ET Summary In terms of the overall economic outlook, the participants saw the economy expanding at a solid pace and exhibiting resilience, but growth was expected to slow, in part due to the restrictive nature of policy. Inflation is slowing, but further progre...

2023-10-20 08:10:00 ET Summary Restrictive monetary conditions, from higher yields and tighter lending conditions, are the Fed’s Waterloo. Fed’s outlook for more robust growth and no recession has allowed it to keep “one more rate hike” on the table. ...

2023-10-20 04:15:00 ET Summary The third quarter market performance started strong as companies reported stronger second quarter earnings due to subsiding input costs. The market took a breather in August and September resulting in small declines across many indices in the quarter...

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...