UBT News and Press, ProShares Ultra 20+ Year Treasury From 11/06/23

2023-11-06 19:25:00 ET Summary A dovish nudge in the Federal Reserve’s (Fed’s) November press conference pushed markets to again price a significant monetary easing as early as mid-2024. For the best part of this tightening cycle, the Federal Reserve has been playing...

2023-11-06 09:00:00 ET Summary The market decided last week that interest rates have peaked for this cycle. And if rates have peaked then all the assets that have been pressured over the last two years can finally come up for air. Whether the Fed’s rate hikes really caused ...

2023-11-06 02:07:00 ET Summary By some accounts the latest slide in the 10-year US Treasury yield is helping tip the scale in favor of the peak rates forecast. Analysts say that Fed Chairman Powell’s comments on Wednesday suggest the central bank may be done with rate hikes...

2023-11-04 09:26:10 ET Summary The S&P 500 jumped 5.9%, the largest weekly gain in a year. Wall Street just got schooled on the dangers of market timing after a shock cross-asset rally on tentative bets that the great monetary stress of 2023 is easing at long last. With wh...

2023-11-03 23:00:00 ET Summary Long rates are now near 5%, resulting in mortgage rates now above 8.5% on average for a 30-year fixed-rate mortgage and over 7.6% on a 15-year fixed-rate mortgage. As for inflation, Chairman Powell repeatedly emphasized that progress was being made b...

2023-11-03 22:39:00 ET Summary The Personal Consumption Expenditures Price Index grew at a continuously compounding annual rate of 3.4 percent over the twelve-month period ending in September 2023. Short-term interest rates are higher than they have been at any point in the last t...

2023-11-03 15:30:00 ET Summary Is the Fed done hiking? What bond yields say about interest rates and the economy. What a robust US economy could mean for rates. The U.S. Fed kept interest rates steady for a second straight meeting, fueling speculation the central b...

2023-11-03 05:59:05 ET Summary Federal Reserve keeps interest rates steady, leaving them in the 5.25%-5.5% target range. US stock market declined in October, causing challenges for investors. Bond prices continue to sell off as yields climb, leading to tighter financial condit...

2023-11-03 01:25:00 ET Summary The nonfarm payroll employment unexpectedly jumped in September. The increase of 336,000 was the largest since January, and it was accompanied by upward revisions to the prior two months. The 12-month trend rate for the overall price index for person...

2023-11-02 21:00:00 ET Summary Due to rapid government spending, inventory building by the private sector and about $500B coming out of the Fed’s Reverse Repo Facility, US ‘real’ GDP grew at an annualised rate of almost 5% in Q3-2023. It has been known for a f...