UBT News and Press, ProShares Ultra 20+ Year Treasury From 02/19/24

2024-02-19 10:35:23 ET Summary The inverted yield curve, historically a reliable indicator of recession, has not yet led to an economic contraction. Economist Campbell Harvey, who developed the yield-curve indicator, acknowledged its potential inaccuracy due to inflation-adjusted ...

2024-02-18 21:32:00 ET Summary It is that after trying to figure out whether the economy and markets would achieve a soft landing in the wake of the post-Covid tightening cycle, no one quite knows what to think now that the soft landing appears to have arrived. By and large, leadi...

2024-02-18 18:35:00 ET Summary The underlying floor of our coming markets continues to be the Fed and when they might lower interest rates. CBS reports that Americans now owe a collective $1.13 trillion on their credit cards, with an average balance of $6,360. The Fed’s...

2024-02-17 02:40:00 ET Summary This week was particularly trying, and most of all for the masses tethered to the “6 in ’24” narrative proclaiming six Fed funds rate cuts in 2024. Many of the categories that make up typical household budgets saw price gains in ...

2024-02-16 20:35:00 ET Summary The January Consumer Price Index and Producer Price Index inflation reports both came in hotter than expected - underscoring the challenge of reaching the Fed's 2% inflation target. Policymakers have repeatedly noted the need for additional evidence ...

2024-02-15 11:30:00 ET Summary Inflation and Treasury yields move together to a degree, but they’re hardly joined at the hip in the short term. For the most part, it’s reasonable to assume that inflation influences the 10-year, although at times the causality can flo...

2024-02-15 03:00:00 ET Summary Headline year-over-year inflation still came down - to 3.1% from December’s 3.4% - though remaining above the expected 2.9%. Core goods prices declined for the third consecutive month. Activity data and inflation numbers all suggest that m...

2024-02-14 20:44:00 ET Summary US inflation report, a wake-up call to markets. What January's CPI data means for bond market. Why markets are once again not listening to what the Fed is saying about rates. U.S. CPI data for January came in hotter than expected, cau...

2024-02-14 20:16:00 ET Summary There is a belief that whatever happens to the Fed Funds Rate will be passed along to the Treasury yield curve in a similar fashion. A maturity structure that is not too far removed from the Fed Funds Rate will be anchored and directly linked to tren...

2024-02-14 10:15:00 ET Summary The overall inflation numbers seem to be picking up a significant relative price effect, which is not macroeconomic but microeconomic. If we focus on more recent price trends, the inflation picture looks more favorable. Stubbornly keeping policy ...