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Massive doesn't begin to describe the move into the ProShares Ultra 7-10 Year Treasury ETF (UST)...

Massive doesn't begin to describe the move into the ProShares Ultra 7-10 Year Treasury ETF (UST) last Wednesday as the $12M AUM fund went to $833M overnight. It was accompanied by a 53% increase in the $3.75B iShares 3-7 Year Treasury Bond ETF (IEI), suggesting someone (or ones) making a large bet targeting the middle of the Treasury curve. The moves came following FOMC minutes at which it indicated a readiness to increase QE as needed.
Comments (6)
  • Wow!
    9 May 2013, 01:57 PM Reply Like
  • tactical move from a firm out of Chicago.
    9 May 2013, 01:57 PM Reply Like
  • Does it start with a "C"..?
    9 May 2013, 02:34 PM Reply Like
  • I have suggested for some time that the low end comes up in some way, but the long end stays low. Savers need a lifeline.
    9 May 2013, 02:25 PM Reply Like
  • The inflation we'll be getting will be huge.
    9 May 2013, 05:01 PM Reply Like
  • Buy low, sell high!
    9 May 2013, 08:23 PM Reply Like
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