Leveraged Treasury Bull ETF Gains Following Rate Decision
December 19, 2018 at 15:52 PM EST
Following the Federal Reserve interest rate decision on Wednesday to raise rates another 25 basis points, a flight to long duration government debt was apparent with Direxion Daily 20+ Year Treasury Bull 3X ETF (NYSEArca: TMF) gaining as much as 4 percent. As widely expected by the capital markets,...