Traders Bet on Rising Rates with ‘TMV’ Up Over 30% YTD
June 08, 2021 at 10:42 AM EDT
With the notion that rates will eventually rise given the inflationary pressures on the economy, it’s not a surprise that the Direxion Daily 20+ Yr Trsy Bear 3X ETF (TMV) is up over 30% year-to-date. TMV seeks daily investment results equal to 300% of the inverse of the daily performance of...