Direxion Daily 20+ Year Treasury Bear 3X Shares

TMV provides -3x daily exposure to a market-value-weighted index of US Treasury bonds with over 20 years to maturity.

Direxion Daily 20+ Year Treasury Bull 3X Shares

Direxion Daily 7-10 Year Treasury Bull 3x Shares

Direxion Daily 7-10 Year Treasury Bear 3x Shares

Banks are relatively firm on the expectation that interest rates will fall in 2024, giving the bond market plenty of optimism heading into the new year.

2024 Bond Rally Should Give Traders Opportunities in 4 ETFs

MAX Auto Industry -3X Inverse Leveraged ETN

Direxion Daily Real Estate Bear 3x Shares

ProShares UltraShort Bloomberg Natural Gas

Direxion Daily Semiconductor Bear 3x Shares

Proshares Ultrashort Semiconductors

AXS TSLA Bear Daily ETF

Direxion Daily TSLA Bear 1X Shares

ProShares UltraPro Short 20+ Year Treasury

Direxion Daily FTSE China Bear 3X Shares

Top Performing Levered/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Top Performing Leveraged/Inverse ETFs: 10/22/2023

Rising yields have undoubtedly done a number on bond prices, but they open up bearish opportunities in certain inverse leverage exchange traded funds (ETFs). With the S&P 500 Bond index turning negative for the year, bullish bond investors aren't the only one feeling the pangs of the current macroeconomic environment.

High Yields Can Offer Bearish Opportunities in These ETFs

Invesco Senior Loan ETF

iShares Floating Rate Bond ETF

JPMorgan Ultra-Short Income ETF

Simplify Interest Rate Hedge ETF

Invesco Global Short Term High Yield Bond ETF

Global X Interest Rate Hedge ETF

ProShares Short Real Estate

ProShares UltraShort Utilities

Virtus Seix Senior Loan ETF

ProShares UltraShort Real Estate

ProShares UltraShort 20+ Year Treasury

The U.S. jobs market has been hot despite higher rates while U.S. consumers have been resilient despite high inflation.

ETF Strategies to Follow Amid Rising Rates

While the U.S. Federal Reserve continues to wrestle with inflation, bond yields continue to move higher, offering opportunities for both bearish and bullish bond prices in the short term. In the meantime, yields continue to climb to new peaks as the Fed's higher-for-longer narrative continues to feed into higher borrowing costs.

Rising Bond Yields Offer Opportunities in Leveraged Funds

ProShares Ultra Bloomberg Natural Gas

Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares

Direxion Daily Energy Bear 2X Shares

MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETNs

MicroSectors Oil & Gas Exploration & Production -3X Inverse Leveraged ETN

ProShares UltraShort Bloomberg Crude Oil

MicroSectors Energy -3X Inverse Leveraged ETN

Top Performing Leveraged/Inverse ETFs: 10/08/2023

Pairing Direxion Daily's 20+ Year Treasury Bull 3X Shares ETF with their 20+ Year Treasury Bear 3X Shares ETF produces a low volatility couple. Shorting both leveraged ETFs is attractive because they decay over time due to having a higher beta than their underlying. The performance of this low volatility couple is determined by the behavior of their underlying; it may lose value during strong trends.

TMF And TMV: Not As Attractive As Other Double-Short Pairs Trades

MAX Auto Industry 3X Leveraged ETN

MicroSectors Gold -3X Inverse Leveraged ETN

Direxion Daily Gold Miners Index Bear 2X Shares

DB Gold Double Short ETN

MicroSectors Gold Miners 3X Inverse Leveraged ETN

Direxion Daily Junior Gold Miners Index Bear 2X Shares

ProShares UltraShort Silver

These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Top Performing Leveraged/Inverse ETFs: 10/01/2023

MAX Airlines -3X Inverse Leveraged ETN

Direxion Daily S&P Biotech Bear 3X Shares

AdvisorShares MSOS 2x Daily ETF

Bank of Montreal - MicroSectors U.S. Big Oil Index 3X Leveraged ETNs

The third quarter proved to be highly volatile and uncertain for the U.S. stock market.

5 Leveraged/Inverse ETFs That Gained More Than 40% in Q3

GraniteShares 1.5x Long COIN Daily ETF

SPDR Gold Trust

Invesco DB US Dollar Index Bullish Fund

Last week marked the fourth straight week of losses for the S&P 500.

Top-Performing Inverse/Leveraged ETF Areas of Last Week

Proshares Short 20+ Year Treasury

The U.S. Treasury yields have been on a surge lately, driven by the expectations of the Federal Reserve maintaining elevated interest rates. This has led to a surge in ETFs that bet against U.S. Treasury bonds.

Inverse Treasury ETFs Surge as Yields Rise

Direxion Daily 20+ Year Treasury Bear 3X Shares has delivered strong returns, up almost 51% since August 2021 and 36% since March 2022. Holding leveraged funds like TMV for a sustainable period of time when wrong on direction is always the wrong decision due to elevated risk. Rising inflation in the US, fueled by higher oil prices, suggests more tightening by the Fed, putting pressure on bond prices over time.

TMV: Continue To Buy Aggressively On Tradeable Bottoms

Highland iBoxx Senior Loan ETF

Bond yields are likely to be high going into 2024. Here are the best ETF strategies to play the scenario.

Bond Yields Likely to Remain High in 2024: ETF Strategies in Focus

For fixed income investors looking to extract yield from the bond market, now is an opportune time. One of the reasons keeping yields elevated at their current levels is central bank action overseas.

Central Bank Action Overseas Could Keep Yields Elevated

ProShares UltraShort 7-10 Year Treasury

The U.S. Treasury yields have been on a surge lately, driven by expectations that the Fed will keep interest rates higher for longer to fight inflation.

ETF Strategies to Fight Rising Rates

The U.S. Treasury yields have been on a surge lately, driven by expectations that the Fed will keep interest rates higher for longer to fight inflation and downgrade of the U.S. credit rating by Fitch Ratings.

Bets on Higher Rates Trigger Rally in Inverse Treasury ETFs

With the expectation that rate hikes will be dissipating, fixed income investors may start to look at long-term Treasury debt again. However, hedge fund titan and Pershing Square Capital Management founder Bill Ackman said the opposite.

Hedge Fund Titan Bill Ackman on the Short Side of Long-Term Bonds

Treasury yields spiked to the highs of 2023 in the Aug 2 trading session, buoyed by plans of a flood of government-debt issuance and signs of the labor market's enduring strength. This led to a spike in ETFs that bet against U.S. Treasury bonds.

Inverse Treasury ETFs Spike as Yields Hit 2023 Highs

The double whammy of a Fitch Rating credit rating cut and chances of a hawkish Fed has pushed the 10-Year U.S. Treasury yield to the highest level since November 2022, according to Dow Jones Market Data, quoted on Barrons.

Inverse Treasury ETFs to Play as 10-Yr Yield at Highest Since November

Bets on less rate hikes are increasing, which is providing the headwinds for bonds to push higher. However, a heating economy could add some hawkishness to the U.S. Federal Reserve, which could stifle further upside in rising Treasury bills.

Bets on Less Rate Hikes Are Boosting Bonds

Hedge fund bets on falling U.S. Treasury prices could be putting the stability of the global financial system in a precarious position, according to the Bank of England. Per MarketWatch, the BOE is seeing outsized short positions on Treasury securities rising to levels not seen since 2018.

Hedge Funds Place Big Short Bets on U.S. Treasury Notes

Direxion Daily Electric & Autonomous Vehicles Bull 2X Shares

Advisorshares Poseidon Dynamic Cannabis ETF

2x Long VIX Futures ETF

GraniteShares 1.75x Long BABA Daily ETF

Top Performing Leveraged/Inverse ETFs: 07/09/2023

TMV is a leveraged ETF that offers 300% of the inverse daily performance of the ICE U.S. Treasury 20+ Year Bond Index, making it a highly volatile and short-term speculative instrument. The main driver of TMV's performance is interest rates, which are expected to peak in 2023 and decline in 2024, negatively impacting TMV's value. Due to the anticipated decline in interest rates, TMV is recommended as a Sell for the next 12 months.

TMV: Peak Rates Are In, Sell It

Treasury bonds registered an all-time high at the height of the Covid panic back in March 2020. But since then, the asset class has trended lower, largely due to stubbornly high levels of inflation.

News for Direxion Daily 20+ Year Treasury Bear 3X Shares ETF (TMV)