I initially rated ProShares Short 7-10 Year Treasury ETF a "Buy" in April 2022 due to rising rates; now, I rate it a "Sell". TBX had a 14.3% annualized return from April 2022 to October 2023, while ...
Strategic positioning in short-duration TIPS and a long position in USD helped boost performance earlier in the year, though under-weighting in duration has recently weighed on returns. The primary ...