New Short ETF symbols for shorting Bonds
I just noticed two new Short ETFs by ProShares which allow to participate on decline in Bonds price:
1. UltraShort Lehman 7-10 Year Treasury , symbol PST
2. UltraShort Lehman 20+ Year Treasury, symbol TBT
As you may know from my free newsletter, I am bearish on bonds . I planned to short TLT or other bonds ETF , but these new Short ETFs offer easier possibility to go short in bonds.
June 2nd, 2008 at 3:39 am
[...] to use any pullback to resistance (previous support) to short these two bond ETFs. I will use Inverse Bond ETF for this [...]
December 31st, 2008 at 5:38 pm
Seems a good time now to start shorting bonds.
And which new ones do you favor
December 31st, 2008 at 6:54 pm
I do not have preference, both of them could be shorted. Technically are both overextended and 10bond yield is near technical support level of long term downtrend channel
June 5th, 2009 at 10:26 pm
[...] Bonds can be traded by Bond ETF or Short ETF for Bonds [...]
December 5th, 2009 at 3:42 pm
Hmm, never thought of that before, maybe I should have a deeper research done on that.
January 20th, 2010 at 5:48 am
Took me ages to find this post, this time I’ll bookmark it.