Long TBT ProShares UltraShort 20+ Yr Treasury
The narrative from earlier this yr that slowing growth would cause the Fed to pivot sooner rather than later is slowly being undone as market participants realize that inflation is sticky and likely to result in rates higher for longer from the Fed. As a play on higher rates I like TBT the ProShares UltraShort 20+ Yr Treasury ETF. It has recently broken its downward sloping trend line and looks poised to take off here.
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