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Fund Flows Show Investors Still Cautious
Calafia Beach Pundit • Mon, May 6 • 1 Comment
Macro-Markets Risk Index Indicates Business Cycle Risk Remains Low
James Picerno • Tue, Apr 30 • 1 Comment
Something's Gotta Give
Michael A. Gayed • Sun, Apr 14 • 15 Comments
A Great Week For Deflation
Michael A. Gayed • Sun, Apr 7 • 15 Comments
10-Year Treasury Yield Breaks Uptrend
Bespoke Investment Group • Fri, Apr 5 • 9 Comments
Treasury Yield Snapshot: 10-Year At Its 2013 Low
Doug Short • Fri, Apr 5 • 3 Comments
Are Treasury Bond ETFs Mounting A Comeback?
Gary Gordon • Wed, Mar 27 • 1 Comment
The Curious Case Of The Rising Rate Redux
Matt Tucker • Fri, Mar 8 • 3 Comments
Equity Index Valuation Model For An Activist Fed-Driven Market
Daniel R Moore • Wed, Mar 6
Dow New Highs Vs. Deflation Pulse - Who's Right?
Michael A. Gayed • Wed, Mar 6 • 27 Comments
Treasury Yield Snapshot: 10-Year Still Hovering Near 2%
Doug Short • Sun, Feb 24 • 2 Comments
The Bond Vigilantes Have Been Taken Out Back And Shot
Paulo Santos • Tue, Feb 5 • 42 Comments
High Yield Spreads Fall To Lowest Level Since June 2011
Bespoke Investment Group • Thu, Jan 3 • 1 Comment
Larry Swedroe Positions For 2013: Resist The Temptation To Stretch For Yield
Larry Swedroe • Tue, Dec 25, 2012 • 148 Comments
The Financial Lexicon Positions For 2013: Limited Bond Market Opportunities Mean Patience Is Key
The Financial Lexicon • Fri, Dec 21, 2012 • 9 Comments
What the Flows Show: Investors Preparing For Fiscal Cliff
Dodd Kittsley • Tue, Dec 4, 2012
10-Year Rally: Treasury Yields Look Set To Challenge Recent Lows
Bondsquawk • Tue, Nov 27, 2012
Inflation And Yields: Towards A Unified Field Theory
John Overstreet • Fri, Nov 16, 2012 • 18 Comments
Why Bond Yields Should Remain Low And Capped For Now
Bondsquawk • Wed, Oct 10, 2012 • 1 Comment
The Break Through Support Points To Higher Yields For Treasuries
Bondsquawk • Fri, Oct 5, 2012

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Bond Market Is in Rebellion - Bill King
Prieur du Plessis • Thu, Dec 16, 2010 • 10 Comments
10-Year U.S. Treasuries Touch 3.30%: What Does It Mean?
TraderMark • Wed, Dec 8, 2010 • 5 Comments

Fund Flows Show Investors Still Cautious
Calafia Beach Pundit • Mon, May 6 • 1 Comment
Macro-Markets Risk Index Indicates Business Cycle Risk Remains Low
James Picerno • Tue, Apr 30 • 1 Comment
Something's Gotta Give
Michael A. Gayed • Sun, Apr 14 • 15 Comments
A Great Week For Deflation
Michael A. Gayed • Sun, Apr 7 • 15 Comments
10-Year Treasury Yield Breaks Uptrend
Bespoke Investment Group • Fri, Apr 5 • 9 Comments
Treasury Yield Snapshot: 10-Year At Its 2013 Low
Doug Short • Fri, Apr 5 • 3 Comments
Are Treasury Bond ETFs Mounting A Comeback?
Gary Gordon • Wed, Mar 27 • 1 Comment
The Curious Case Of The Rising Rate Redux
Matt Tucker • Fri, Mar 8 • 3 Comments
Equity Index Valuation Model For An Activist Fed-Driven Market
Daniel R Moore • Wed, Mar 6
Dow New Highs Vs. Deflation Pulse - Who's Right?
Michael A. Gayed • Wed, Mar 6 • 27 Comments
Treasury Yield Snapshot: 10-Year Still Hovering Near 2%
Doug Short • Sun, Feb 24 • 2 Comments
The Bond Vigilantes Have Been Taken Out Back And Shot
Paulo Santos • Tue, Feb 5 • 42 Comments
High Yield Spreads Fall To Lowest Level Since June 2011
Bespoke Investment Group • Thu, Jan 3 • 1 Comment
Larry Swedroe Positions For 2013: Resist The Temptation To Stretch For Yield
Larry Swedroe • Tue, Dec 25, 2012 • 148 Comments
The Financial Lexicon Positions For 2013: Limited Bond Market Opportunities Mean Patience Is Key
The Financial Lexicon • Fri, Dec 21, 2012 • 9 Comments
What the Flows Show: Investors Preparing For Fiscal Cliff
Dodd Kittsley • Tue, Dec 4, 2012
10-Year Rally: Treasury Yields Look Set To Challenge Recent Lows
Bondsquawk • Tue, Nov 27, 2012
Inflation And Yields: Towards A Unified Field Theory
John Overstreet • Fri, Nov 16, 2012 • 18 Comments
Why Bond Yields Should Remain Low And Capped For Now
Bondsquawk • Wed, Oct 10, 2012 • 1 Comment
The Break Through Support Points To Higher Yields For Treasuries
Bondsquawk • Fri, Oct 5, 2012

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There are no News articles on TENZ.

TENZ vs. ETF Alternatives

TENZ Description

The PIMCO 7-15 Year U.S. Treasury Index Fund is an exchange-traded fund (ETF) that aims to capture, before fees and expenses, the returns of The BofA Merrill Lynch 7-15 Year US Treasury IndexSM. The Fund aims to achieve the yield, income and capital preservation inherent in this index. The Fund features a yield curve segmentation strategy that enables the portfolio to contain the bellwether 10-Year note with the benefit of owning bonds which may have a higher yield and price appreciation potential while they are in the Index rather than before they enter the Index.
See more details on sponsor's website

Country: United States

Key Info

In Your Portfolio: Broad U.S. Bond ETFs, A Guide to U.S. Government Bond ETFs
Asset Class Performance: Bonds

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| On the move

Wednesday, May 22, 10:42 AM Bernanke: Stocks continue with solid gains as the chairman suggests the Fed may never sell the massive assets it's accumulated, instead just letting them roll down. Most interesting are Treasury prices (TLT -1.1%) rolling over - the 10-year yield sunk to 1.89% as Bernanke's soft comments hit the tape, but has reversed to now threaten 2%. Gold (GLD +0.6%) has given up much of its knee-jerk gains, and the dollar (UUP +0.3%) is having none of it, higher across the board, particularly vs. the aussie (FXA -1.1%), yen (FXY -1%), and loonie (FXC -0.6%). 5 Comments
Monday, May 20, 9:47 AM UBS' 5 "suspected" asset bubbles: 1) Risk-free rates - specifically Treasurys (TLT), Bunds (BUND, BUNL), JGBs (JGBL, JGBT, JGBD, JGBS) 2) Credit (HYG, JNK) 3) Real estate in Asia (WPS) 4) Certain EM equity markets (EIDO, IDXJ, EPHE, THD, EWW) 5) Australian banks (WBK, NABZY.PK, ANZBY.PK, CMWAY.PK). Comment!
Thursday, May 16, 10:10 AM More on Philly Fed: The big miss is another in a line of weak data points this morning. The decline was led by a steep drop in shipments to -8.5 from +9.1. Also notable is a big jump in inventories to +4.1 from -22.2. Employment worsened to -8.7 from -6.7. The percentage of firms reporting employment decreases was 22% vs. those reporting increases at 14% - a number sure to cross the desk of the FOMC doves this morning. Treasurys have had a tough May, but they're bouncing today, TLT +1.2%. The leveraged bear ETF: TBT -2.4%. Stocks give up early gains (DIA -0.2%). 6 Comments [U.S. Economy]
Thursday, May 16, 8:38 AM SPY -0.3% premarket, giving up small early gains after a big jump in jobless claims and a rather shocking decline in housing starts. Starts were off 16.5% from March, but up 13.1% Y/Y. On a more hopeful note, building permits were up 14.3% from March, up 35.8% Y/Y. Treasurys catch a bid, TLT +0.5% premarket. Homebuilders ETF: XHB -0.2%. Comment!
Monday, May 13, 8:50 AM Stock index futures move to session highs following the big beat on retail sales, SPY -0.1% premarket. Excluding a 4.7% decline in gasoline sales, retail spending grew 0.6% in April. Bond prices continue their recent slide, the 10-year note off half of a point. The yield may challenge 2% today. TLT -0.9% premarket. 4 Comments [U.S. Economy]
Friday, May 10, 10:35 AM Bill Gross (BOND) attempts to ring a bell, calling the 30-year bond bull market over as of April 29, 2013 (while pushing Pimco as the one to help navigate in this new world). The 30-year Treasury yield touched 2.8% at April's end. Including a 9 bp pop today, the yield now stands at 3.08%. TLT -1%, TBT +1.9%. 6 Comments [U.S. Economy]
Thursday, May 9, 1:47 PM 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. 6 Comments [U.S. Economy]
Thursday, May 9, 6:23 AM "Today government bonds should come with a warning about interest rate risk," a university fund manager tells FT, which says many university endowments have slashed their U.S. Treasury (TLT, TBT) holdings from as high as 30% of AUM during the crisis to as low as zero currently ("everyone" has less than 5%, one manager claims). Holding fast to larger allocations may require a fleetness of foot going forward in order to avoid capital losses if (or when) rates rise, a style of investing not suited to endowment managers. 1 Comment
Wednesday, May 8, 12:29 PM "There is no safe haven in today's markets," says Paul Singer, speaking at the Ira Sohn conference, and blaming the distorting effects of QE. While not yet advocating shorting Treasurys (TLT, TBT), Singer says those long need to know they're trading at the wrong price, perhaps 50-100 basis points too low. 1 Comment [Breaking News, U.S. Economy]
Monday, May 6, 3:29 PM This time is different for Treasurys (TLT, TBT)? "The Fed has been very transparent and their transparency should help offset the risks that were experienced in 1994," says JPMorgan's head of rates Edward Fitzpatrick. He's joined in this opinion by others who ought to know better, including Templeton's Michael Materasso and Vanguard's Gemma Wright-Casparius, all of whom attribute the 1994 rout to communication, not a crazed buildup in leverage. 2 Comments [U.S. Economy]
Friday, May 3, 3:13 PM "Bonds are acting like the bond market is manipulated ... because it is," says Jeff Gundlach, as QE is far more of a put on Treasury prices (TLT -2.3%) than it is on stocks. A salve to bond bulls on a day when the yield on the 30-year is 14 bps higher, Gundlach says yields won't go on a sustained rise anytime soon because QE is going nowhere. A favorite of the bond bears, TBT +4.6%. 7 Comments
Thursday, May 2, 8:36 AM More on the big drop in jobless claims: At 324K, it's the lowest level since January 2008. The 4-week moving average fell 16K to 342,250. S&P 500 futures remain +0.5%. Treasury prices slip, TLT -0.6%, TBT +1.2% premarket. 18 Comments [U.S. Economy]
Tuesday, April 30, 9:07 AM "View the 'fruit' debt the way we used to view IBM issues ... perfectly timed in retrospect," says Kevin Ferry, tweeting about Apple's prospective debt offering. Back in the day when rates actually fluctuated, IBM had a remarkable knack for issuing at the cycle lows in yield. The 10-year Treasury yield hits another YTD low, -2 bps to 1.65%. TLT +0.4% premarket. 1 Comment [Financials]
Friday, April 26, 8:45 AM More on the Q1 GDP (first estimate) miss: Government spending slowdown continues, with real federal government spending off 8.4% vs. 14.8% in Q4; defense spending off 11.5% vs. 22.1%. Real PCE +3.2%. Nonresidential fixed investment +2.1%. Real exports +2.9%, Real imports +5.4%. Real final sales +1.5% vs. 1.9% in Q4. Inventories added 103 bps to GDP in Q1 after subtracting 152 bps in Q4. SPY -0.3% premarket. The long bond pops half of a point. TLT +0.8% premarket. (full report) 68 Comments [U.S. Economy]
Thursday, April 25, 10:16 AM SocGen's Al Edwards doesn't disappoint his fans, believing the S&P is headed to 450 and gold to $10K. Most interesting is this chart on bond yields vs. forecasts. Forecasts in the deeper past essentially matched actual yields, yet for the last decade estimates have consistently called for "normalization," i.e. higher rates, but it's never happened. "Consensus has still not accepted that we remain locked in an Ice Age environment that will see U.S. (and U.K. and German) yields (TLT, TBT) converge to Japanese sub-1%." 1 Comment [U.S. Economy]
Wednesday, April 24, 8:47 AM The long bond moves higher (yield declines) following the soft durable goods report. In addition to the weak March print, February's 5.6% gain was revised down to 4.3%, with nondefense ex-transport orders revised down to -4.7% from -2.7%. Higher previously, the 30-year yield is now off one basis point to 2.9%. TLT flat premarket. Comment! [U.S. Economy]

x oil -field
Something's Gotta Give. April 14 2013 by: Michael A. Gayed. $SPY $DBC $DIA $EEM $TENZ $VGK $XLP http://bit.ly/YVYtf1
Apr 14, 11:34 PM
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ETFdesk
WaysToPlay: Long-Term Rates Finally on Verge of Breaking Out http://bit.ly/b5iL3S $TBT $TLT $TLH $TENZ $IEF $PST #ETF #MKT #Rates
3/30/10
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WaysToPlay: Greenspan Calls Treasury Yields 'Canary in the Mine' http://bit.ly/auoTq8 $IEF $PST $TBT $TENZ $TLT $TMV #ETF #MKT
3/26/10
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WaysToPlay: Interesting Market Thoughts from Dave Rosenberg http://bit.ly/dx1y1Y $IEF $IWM $TBT $SPY $TIP $TENZ #UUP #ETF #MKT #FOREX
3/25/10
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WaysToPlay: Shorting US Treasuries could be a mistake http://bit.ly/9jhs7H $TENZ $TLH $TLT $VGIT $VGLT #ETF #MKT
3/9/10
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WaysToPlay: Morgan Stanley's ROACH: THERE IS A 40% CHANCE OF A DOUBLE DIP http://bit.ly/9547TY $SPY $DIA $QQQ $TLT $TENZ #ETF #MKT
3/9/10
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WaysToPlay: Dave Rosenberg Gluskin Sheff 01/05/2010: market overvalued by 22% http://bit.ly/7jzWdM $SDS $SPY $SPX $TENZ #ETF #MKT #2010
1/5/10
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WaysToPlay: Blackstone's Wien Sees GDP Growth, Unchanged Stocks http://bit.ly/5C1G4I $EWJ $XLF $IYF $UUP $TENZ #ETF #MKT $BX #FX #Strategy
1/4/10
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WaysToPlay: Goldman Sachs: 10 Questions for 2010 http://bit.ly/7luBlC $GS $TENZ $TYD $SPY $SPX #ETF #MKT #News #Trading #Econ
1/3/10
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WaysToPlay: Moody's Says U.K., U.S. Aaa Ratings Relatively Weaker http://bit.ly/8Q22Rv $PST $TENZ $TMV #ETF #MKT #DEBT
12/8/09
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