Leveraged US Bonds

PROSHARES ULTRASHORT LEHMAN 20 YEAR TREASURY

TBT_CFD.ETF

Daily

---

Weekly

---

Yearly

---

TBT is the trader's fund of choice for levered bets on rising interest rates. Using a combination of swaps and futures, TBT gives investors -2x exposure to daily moves in T-bonds with more than 20 years left to maturity. This gives the fund a negative duration exceeding 30 years. The daily reset means investors shouldn't expect the leverage factor to hold constant over investment horizons greater than 1 day. In short, the fund is a valid option for tactical positioning/hedging against rising interest rates, but it's important to keep in mind that the -2x leverage results in greater impact from the effects of compounding. It trades briskly and block liquidity is excellent. TBT's fees are also low for this segment, making it a cost-effective option for getting inverse exposure to T-bonds.TBT changed its underlying index from Bloomberg Barclays U.S. 20+ Year Treasury Bond Index to ICE U.S. Treasury 20+ Year Bond Index on 10/14/2016. The change has minimal impact on investor’s exposure.

ETF name

TBT_CFD.ETF

Market

Bonds

Costs

0.07 %

Leveraged US Bonds

PROSHARES ULTRASHORT LEHMAN 20 YEAR TREASURY

TBT_CFD.ETF

TBT is the trader's fund of choice for levered bets on rising interest rates. Using a combination of swaps and futures, TBT gives investors -2x exposure to daily moves in T-bonds with more than 20 years left to maturity. This gives the fund a negative duration exceeding 30 years. The daily reset means investors shouldn't expect the leverage factor to hold constant over investment horizons greater than 1 day. In short, the fund is a valid option for tactical positioning/hedging against rising interest rates, but it's important to keep in mind that the -2x leverage results in greater impact from the effects of compounding. It trades briskly and block liquidity is excellent. TBT's fees are also low for this segment, making it a cost-effective option for getting inverse exposure to T-bonds.TBT changed its underlying index from Bloomberg Barclays U.S. 20+ Year Treasury Bond Index to ICE U.S. Treasury 20+ Year Bond Index on 10/14/2016. The change has minimal impact on investor’s exposure.

Portfolio composition (TOP 10)

01.12.2021
ICE U.S. Treasury 20+ Year Bond Index

Instrument specification in OANDA TMS Brokers

Name
TBT_CFD.ETF
Description
PROSHARES ULTRASHORT LEHMAN 20 YEAR TREASURY
Type
ETF
Contract size / 1 lot
Price * 1 USD
Value of 1 pip
0.01
Minimal step
0.01
Short sale
NO
Distance SL and TP
0
Minimum order value
1
Maximum order value
1127
Transaction Step
1
Trading Hours
monday-friday 15:35-22:00
Deposit required
20%
Financial leverage
5:1
Long swap (daily)
-0.02308%
Short Swap (daily)
0.00642%
3-day swap (date)
5
iphone

Test your brokerage account for free at
mobile application

Invest virtual EUR 50,000 in CFDs on shares
on the demo account Feel real emotions without risk!
Download the TMS Brokers app and learn to trade