UBT News and Press, ProShares Ultra 20+ Year Treasury From 06/07/24

2024-06-07 23:40:00 ET Summary On Thursday, the European Central Bank (ECB) delivered a 25 basis point policy rate cut. By contrast, the Federal Reserve (Fed) is set to keep rates on hold at its meeting this month. Typically, central banks wait for the Fed to reduce rates befo...

2024-06-07 22:55:00 ET Summary Payroll gains were hotter than expected in May, slamming the door shut on any hopes of a July policy rate cut. The latest jobs report showed that 272,000 non-farm payroll jobs were added last month, significantly beating consensus forecasts of 180,00...

2024-06-07 13:45:00 ET Summary The two primary drivers of the market these days are news related to inflation and developments in artificial intelligence. The hope for the Fed to cut rates these past several months has supported equity values and suppressed rates since November. ...

2024-06-07 11:48:00 ET Summary Market interest rate cut expectations have swung wildly this year on fluctuating data and cautious messaging from Federal Reserve officials. Nonetheless, we are seeing broadening evidence that can justify the Fed starting to move policy fro...

2024-06-06 04:20:00 ET Summary Does gold hedge inflation? Rolling 36-month regressions of gold on median inflation yield results like those for headline inflation - the relationship is unstable and variable. If underlying inflation captures economic forces of excess demand and...

2024-06-05 14:15:00 ET Summary After yesterday’s news that US job openings fell to a three-year low in April, the data fueled the incentive for the bond market to reassess the view that the Federal Reserve will keep interest rates higher for longer. The 2-year rate continue...

2024-06-05 03:40:00 ET Summary Currency in circulation grew at a fairly steady pace of 6.6% per year from 2010 through 2019. It then exploded upward in the wake of the massive Covid stimulus spending. Tight inflation has fallen, real yields are relatively high, and interest-sensit...

2024-06-03 23:50:00 ET Summary Once again, stocks did not disappoint on Friday as the S&P 500 Index delivered another rare 100 point plus daily range. Based on futures trading, Friday’s range in both the S&P 500 and the NASDAQ 100 indexes was slightly larger than th...

2024-06-03 15:40:00 ET Summary European government bond yields have swung as markets question how far the ECB will ease policy beyond a first cut expected this week. Even with anticipated rate cuts, we see policy rates in the U.S. and Europe settling at a far higher level than the...

2024-06-03 10:05:00 ET Summary Last week was a volatile one for markets, with big swings in stocks and bonds in a holiday-shortened week. Interest rates shot up 18 basis points on Tuesday and Wednesday and while that didn’t change any trends, it is a pretty big move for a c...