Long TBT for the very long period

[syswizard]

2% on the 10 year note appears to be holding !!

 

[syswizard]

TBT holding up well....despite the bad news....22 appears to be support....21.84 = 52 week lows.

 

[efficiency]

Quote from gobar:

compare tlt vs tbt and u will find the answer..

but just for fyi any etf inverse or 2 time or 3 times are for short term only.. long term they r black hole..

Agreed.

 

[mastacoli71]

Quote from SuperBanda:

Hello,

I would like to go long TBT (2x short 20 years treasury).

Is there any contango implied in this instrument? I am scared of be right of my opinion (shorting treasuries), but being wrong in the instrument used.

Many thanks!

Consider TBF if you want to play this. Still a small amount of time decay due to use of derivatives. IMO, treasuries still have time before yields start to turn over. Euro crisis will keep yields low for the time being if not move them lower from here.

 

[blackstormcap]

Quote from efficiency:

Agreed.

leveraged etf is just like any leverage..it can hurt you and it can benefit you. the decay/drag is the downside, the compound is the upside, you cant seperate one from another.