TBF is an inverse bond ETF that appreciates when long-dated Treasury bonds sell off and rates move higher.
Better than expected economic growth over the next year and higher inflation expectations could lead to a steepening yield curve.
We are bullish on TBF.
The ProShares Short 20+ Year Treasury ETF (NYSE:TBF) is an inverse fund that appreciates when bond prices fall, and rates rise. The fund seeks a daily price performance and gross return corresponding to