ProShares Short 20+ Year Treasury News
The 10-year is flirting with the 2% mark again.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Proshares Short 20+ Year Treasury where we have detected an approximate $55.1 million dollar inflow -- that's a 5.4% increase week over week in outstanding units (from 34,300,000 to 36,150,000). START SLIDESHOW:Click here to find out which 9 other ETFs had notable inflows » The chart below shows the one year price performance of TBF, versus its 200 day moving average: Looking at the chart above, TBF's low point in its 52 week range is $27.62 per share, with $30.76 as the 52 week high point — that compares with a last trade of $29.77.
As stocks push all-time highs, why is the 10-year yield flirting with lifetime lows?
In trading on Thursday, shares of the Proshares Short 20+ Year Treasury ETF (AMEX: TBF) crossed below their 200 day moving average of $29.34, changing hands as low as $29.31 per share. Proshares Short 20+ Year Treasury shares are currently trading off about 0.6% on the day. The chart below [...]
Fixed Income Momentum - April 2013