If you believe long term interest rates will be rising, there are two ETF’s that can be used to profit from such a movement.
UltraShort Lehman 20+ Year Treasury (TBT)
Objective
UltraShort Lehman 20+ Year Treasury ProShares seeks daily investment results, before fees and expenses, that correspond to twice (200%) the inverse (opposite) of the daily performance of the Lehman Brothers 20+ Year U.S. Treasury Index.
UltraShort Lehman 7-10 Year Treasury (PST)
Objective
UltraShort Lehman 7-10 Year Treasury ProShares seeks daily investment results, before fees and expenses, that correspond to twice (200%) the inverse (opposite) of the daily performance of the Lehman Brothers 7-10 Year U.S. Treasury Index.
Jonathan Hoenig has an article on this subject over at the Smartmoney website, but it is available only to “select” members for another week, then it will be available to the general public.
