![]() Finance & Investing
BEST WAY TO BET AGAINST BONDS ProShares UltraShort Lehman 7-10 Year Treasury (PST)
Spooked investors have been piling into Treasury bonds, pushing their prices up and their yields down. As a result, the ten-year Treasury yielded just 3.9% in mid October. Meanwhile, consumer prices climbed 5.4% over the past year, making 3.9% look especially paltry. Eventually, yields will rise. The ProShares exchange-traded fund is designed to provide twice the inverse return of the Lehman index in its name. |