We have a current TLT long position, it doesn't have enough leverage/beta so I used TBT (2x short TLT) and shorted that, effectively creating a 2x leveraged TLT long which is near a 2.65% gain and I believe TLT is about to make a move higher which is also bad news for the market.
In any case, it is TLT long that I like, as mentioned I shorted TBT to arrive at a 2x leveraged TLT long position.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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