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HEADLINES:

Treasury Yield Snapshot: 10-Year At Its 2013 Low
Doug Short • Fri, Apr 5 • 3 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
The U.S. Debt Is Coming Due - Profit With A TMF Short
Chris DeMuth Jr. • Tue, Jan 8 • 20 Comments
The 3 Most Overvalued Assets
Howard Gold • Thu, Sep 27, 2012 • 12 Comments
Why QE3 Will Not Happen
Nicholas Pardini • Mon, Sep 10, 2012 • 156 Comments
Is The 30 Year/2 Year Yield Curve Flying In Ben Bernanke's Face? Not Yet
Gary Tanashian • Fri, Jul 20, 2012 • 1 Comment
5-Year Cycles: About Time To Chuck Treasuries?
John Overstreet • Thu, Jul 5, 2012 • 32 Comments
Momentum Trades XII: Hot Hands ETFs In May
Fredrik Arnold • Wed, Jun 20, 2012
Commodity Chart Of The Day: Weekly 30-Year Bonds
Matthew Bradbard • Tue, Jun 5, 2012 • 3 Comments
Momentum Trades XI: Hot Hands ETFs In April
Fredrik Arnold • Thu, May 10, 2012 • 2 Comments
Today In Commodities: Crude Fights Back
Matthew Bradbard • Mon, Apr 16, 2012 • 3 Comments
Reading The Treasury Tea Leaves
Calafia Beach Pundit • Fri, Apr 13, 2012 • 24 Comments
Should The Fed Raise Rates?
Shareholders Unite • Tue, Mar 27, 2012 • 24 Comments
How Risky Are Long Treasury Bonds? Implications For Bond Investors
Ploutos • Tue, Mar 27, 2012 • 13 Comments
Today In Commodities: Further Upside
Matthew Bradbard • Thu, Mar 15, 2012 • 2 Comments
U.S. CPI Reading Brings iShares 20 Year Treasury ETF Into Focus
Stoyan Bojinov • Fri, Feb 17, 2012 • 3 Comments
Momentum Trading Strategies Part VIII: Hot Hands ETFs Find Mojo In January
Fredrik Arnold • Mon, Feb 13, 2012
3 Reasons To Short U.S. Treasuries
Simon Moore • Fri, Feb 10, 2012 • 16 Comments
Out Of Bondage
William Smead • Wed, Feb 8, 2012 • 9 Comments

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There are no Focus articles on TMF.

Treasury Yield Snapshot: 10-Year At Its 2013 Low
Doug Short • Fri, Apr 5 • 3 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
The U.S. Debt Is Coming Due - Profit With A TMF Short
Chris DeMuth Jr. • Tue, Jan 8 • 20 Comments
The 3 Most Overvalued Assets
Howard Gold • Thu, Sep 27, 2012 • 12 Comments
Why QE3 Will Not Happen
Nicholas Pardini • Mon, Sep 10, 2012 • 156 Comments
Is The 30 Year/2 Year Yield Curve Flying In Ben Bernanke's Face? Not Yet
Gary Tanashian • Fri, Jul 20, 2012 • 1 Comment
5-Year Cycles: About Time To Chuck Treasuries?
John Overstreet • Thu, Jul 5, 2012 • 32 Comments
Momentum Trades XII: Hot Hands ETFs In May
Fredrik Arnold • Wed, Jun 20, 2012
Commodity Chart Of The Day: Weekly 30-Year Bonds
Matthew Bradbard • Tue, Jun 5, 2012 • 3 Comments
Momentum Trades XI: Hot Hands ETFs In April
Fredrik Arnold • Thu, May 10, 2012 • 2 Comments
Today In Commodities: Crude Fights Back
Matthew Bradbard • Mon, Apr 16, 2012 • 3 Comments
Reading The Treasury Tea Leaves
Calafia Beach Pundit • Fri, Apr 13, 2012 • 24 Comments
Should The Fed Raise Rates?
Shareholders Unite • Tue, Mar 27, 2012 • 24 Comments
How Risky Are Long Treasury Bonds? Implications For Bond Investors
Ploutos • Tue, Mar 27, 2012 • 13 Comments
Today In Commodities: Further Upside
Matthew Bradbard • Thu, Mar 15, 2012 • 2 Comments
U.S. CPI Reading Brings iShares 20 Year Treasury ETF Into Focus
Stoyan Bojinov • Fri, Feb 17, 2012 • 3 Comments
Momentum Trading Strategies Part VIII: Hot Hands ETFs Find Mojo In January
Fredrik Arnold • Mon, Feb 13, 2012
3 Reasons To Short U.S. Treasuries
Simon Moore • Fri, Feb 10, 2012 • 16 Comments
Out Of Bondage
William Smead • Wed, Feb 8, 2012 • 9 Comments

There are no Transcripts on TMF.

10 High-Powered ETFs That Nobody Wants

at CNBC.com (Aug 24, 2011)

TMF vs. ETF Alternatives

TMF Description

The Direxion Daily 30-Year Treasury Bull 3x Shares seeks daily investment results, before fees and expenses, of 300% of the price performance of the NYSE Current 30 Year U.S. Treasury Index ("30-Year Treasury Index"). There is no guarantee the fund will meet its stated investment objective.
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

All
| Earnings
| Dividends
| M&A
| 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]

ltfinger
Returning Downgrades (5/3/13): $ADNC, $AGNC, $ATHN, $CHE, $CVD, $EQR, $LNKD, $NTI, $SCO, $TDC, $TLT, $TMF
May 6, 9:34 AM
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whidbey
$VXF,$VHT,$DXJ$VDE.$TMF This week is volitale, patience.
Mar 4, 9:00 AM
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Chris DeMuth Jr.
Some shorts worth considering: $TMF, $FXY, $VXX/$TVIX for 2013
Feb 1, 11:25 AM
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Chris DeMuth Jr.: The constant leverage trap degrades the value of both over time (-1.26% for the bull and -17.92% for the bear over the past year).
Mar 7, 2:19 PM
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Chris DeMuth Jr.: Also, there is risk from the sponsors. And one can front run how they are traded/structured. I have no position in TMV but would short it.
Mar 7, 2:20 PM
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The_American
With TMF being up EUO may go to parity with the USD which would have major correction in DIA SPY QQQ which has already rallied UVXY TVIX up
7/23/12
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1980XLS-2.0
Buy TMF before the Banksters add to positions.
6/19/12
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DettoTheSecond: NO! You should SHORT TMF! LONG TMV!
6/19/12
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1980XLS-2.0: sold TMV today for nice gains $54.80
6/19/12
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Michael Bryant
Royal Gold (RGLD), Kinder Morgan (KMI), Coca Cola Femsa (KOF), Gaylord Entertainment (RHP), & Fresh Market (TMF) rose Monday on unusual vol.
6/4/12
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Brandon Gibbs
Any advice for buying calls/puts on levered funds? TMF FAZ
5/20/12
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1980XLS-2.0: I have to agree with Detto 2 on this one. How much higher could TMF possibly go? rates are just too low for much upside remaining in TMF imo
5/20/12
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Brandon Gibbs: Short term hedge
5/20/12
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iadops40
short term hedge until some positive U.S. data or good news out of Europe: EDV, TMF, TLT, TIP
5/19/12
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cheme
As mentioned previously, TLT under 118 is a buy...i.e. buy TMF.
1/19/12
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cheme
Get your TMF on!
1/19/12
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LATEST REPLIES

Chris DeMuth Jr.
Some shorts worth considering: $TMF, $FXY, $VXX/$TVIX for 2013
Feb 1, 11:25 AM
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Chris DeMuth Jr.: The constant leverage trap degrades the value of both over time (-1.26% for the bull and -17.92% for the bear over the past year).
Mar 7, 2:19 PM
• !Report Abuse
Chris DeMuth Jr.: Also, there is risk from the sponsors. And one can front run how they are traded/structured. I have no position in TMV but would short it.
Mar 7, 2:20 PM
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140 characters

1980XLS-2.0
Buy TMF before the Banksters add to positions.
6/19/12
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DettoTheSecond: NO! You should SHORT TMF! LONG TMV!
6/19/12
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1980XLS-2.0: sold TMV today for nice gains $54.80
6/19/12
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140 characters

Brandon Gibbs
Any advice for buying calls/puts on levered funds? TMF FAZ
5/20/12
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1980XLS-2.0: I have to agree with Detto 2 on this one. How much higher could TMF possibly go? rates are just too low for much upside remaining in TMF imo
5/20/12
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Brandon Gibbs: Short term hedge
5/20/12
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TMF Direxion Daily 30-Year Treasury Bull 3x Shares ETF

TMF

Direxion Daily 30-Year Treasury Bull 3x Shares ETF