TMV / TMV: Peak Rates Are In, Sell It

Direxion Daily 20+ Year Treasury Bear 3X Shares has delivered strong returns, up almost 51% since August 2021 and 36% since March 2022. Holding levera more_horizontal

With the expectation that rate hikes will be dissipating, fixed income investors may start to look at long-term Treasury debt again. However, hedge fu more_horizontal

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 t more_horizontal

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 more_horizontal

Although prices may dip short term, we believe Direxion Daily 20+ Year Treasury Bear 3x Shares ETF will continue to rally. Recent U.S. bank bailouts a more_horizontal

The bond market rally is fizzling out, as inflation fears and rising interest rates continue to stifle the rally that started late last year. more_horizontal

TMV provides -3x exposure to a 1-day return of the ICE U.S. Treasury 20+ Year Bond Index. The TMV ETF returned 151% in 2022. more_horizontal

Inflation has obviously been an enduring theme for 2022, which has produced some heavy volatility. But of course, volatility only means there are mark more_horizontal