This Isn't 2022 - It's Not Time For TBX (Rating Downgrade)

I initially rated ProShares Short 7-10 Year Treasury ETF a "Buy" in April 2022 due to rising rates; now, I rate it a "Sell". TBX had a 14.3% annualized return from April 2022 to October 2023, while iShares 7-10 Year Treasury Bond ETF had an APR of -8.7%. The Federal Reserve's balance sheet reduction and rising national debt will put upward pressure on intermediate Treasuries in the longer-term.

Seeking Alpha • Mar 28, 2025

Rates Spark: ECB Presser Bear-Flattened The Curve

The ECB cut rates by 25bp as widely anticipated, but a slightly hawkish tilt bear flattened the EUR curve, which in our view remains priced aggressively. In the US, as the markets head towards the Fed's first rate cut, the probability of a larger cut rose slightly on Thursday.

Seeking Alpha • Sep 13, 2024

Estimating The Impact Of Lower Rates On Bond Fund Dividends

It generally takes a few years for changes in Federal Reserve rates to fully impact bond fund dividends. Bond funds are still benefitting from prior rate hikes. Perhaps by enough to cancel out any future rate cuts. By my estimations, and under current Fed guidance, most bond funds would only start to see declining dividends in 2025, at the earliest.

Seeking Alpha • Feb 11, 2024

Wall Street's Freaky Season, Trading Updates And China's Disappointing Data

China's disappointing economic data and a surprise rate cut from the Central Bank dampen market sentiment. Long-term resistance on the 10-year U.S. Treasury yield at 4.30% is a key level to watch.

Seeking Alpha • Aug 21, 2023

TBX Was Profitable In 2022, Now It Is A Sell

ProShares Short 7-10 Year Treasury (TBX) ETF was profitable in 2022. Since 10/20/2022, TBX reversed to its normal behavior, showing continuous losses.

Seeking Alpha • Jan 15, 2023

TBX: A Rare Way To Profit From A Bond Bear Market

ProShares Short 7-10 Year Treasury (TBX) ETF aims to profit from declines in U.S. Treasury Bond prices. When yields rise, TBX aims to deliver positive returns, and the opposite is also true.

Seeking Alpha • Oct 19, 2022

TBX: The Yield Curve Through The Lens Of Inflation

This article looks at the differences and divergence of the short end of the yield curve compared to the 10-year to 2-year yield curve segment.

Seeking Alpha • Apr 11, 2022

Bet on Inverse Treasury ETFs Now to Play Rise in Yields

The benchmark U.S. Treasury yield soared to its highest point in two years on Jan 18, 2022. Hence, investors can bet on inverse treasury bond ETFs.

Zacks Investment Research • Jan 19, 2022

Rates Outlook: Swap Spreads To See Widening Pressure

While there is upward pressure on market rates in 2022, it's not coming from higher net supply. In fact, lower net supply can help to richen government bonds. On top of that, we should see flatter curves over the whole of 2022. We also anticipate some upward pressure on USD Libor.

Seeking Alpha • Dec 11, 2021

Mind The Bond Market

The deficit spending that supported the economy in 2020 is showing up in hot inflation numbers in 2021. While I think the inflation numbers will get better in 2022, I do not believe they will get back to pre-pandemic levels because of owners' equivalent rents and wage gains in the CPI.

Seeking Alpha • Nov 18, 2021