Showing posts with label PST. Show all posts
Showing posts with label PST. Show all posts

Sunday, January 4, 2009

Jan 5th Barrons - WTF

Cover Headline -- 'Are Treasury Bonds Safe'

Back Cover -- Full page ad -- ProShares Ultrashort Treasuries (PST and TBT).

I don't see anything wrong with this -- no conflict of interest other then those inherent in print journalism.

It's more of a Mega Market Call.  These babies are going through the roof Monday.  Watch the prices compared to the underlying net assets.  I've already commented on the ultras.

Thursday, December 18, 2008

Another New Low for the 10 Year Treasury


Per the AP:

The benchmark 10-year Treasury note's price, which moves inversely to its yield, rose more than one full point, pushing down the yield briefly to 2.04 percent , the lowest level since the early 1950s.

Is it time to go short?  Say PST, Lehman Ultra Short 7-10 Year Treasuries.

This is too obvious to work.  Plus the 10 year has been hitting records all month.