Inverse Bond ETFs: 2014’s Definition of Insanity
May 15, 2014 at 12:51 PM EDT
Much to the chagrin of market participants that previously clamored about 10-year Treasury yields rising above 3% this year, those yields have tumbled. Factor in Thursday’s loss of nearly 2% at this writing and 10-year yields are lower by almost 17% in 2014. That has not been enough to keep some...