you are viewing a single comment's thread.
Other way around, right?......even though Gross was saying he was bearish on bonds he was just talking his book, talking them down to get the selling going and all the while buying hand over fist.
I'm already long bonds.....but yes you could play the iShares or ProShares by buying the TLT and shorting the TBT (a short instrument).
Mainly I was illustrating how the smart-money operators use their influence to improve their position....same in every traded instrument.
You are right. I like TBT more because is cheaper and price reaction is the same as TLT.