stock guy

Doug Casey: How to Play Interest Rates

Buyer beware. TBT is extremely risky. It is a 2x short ETF. Buyers of this ETF pay interest at 2x the 20 year treasury rate. Currently that has been between 7% and 9% per year. This is not a buy and hold investment. It is built for very big quick in and out trades. Small investors should probably stay away from TBT.