Compare yields on the 30 yr vs the performance of tmv, even after factoring in dividends. Absolutely a disgrace. Should only be used as a day trading vehicle.
all the two and three times Short ETFs have been Terrible. On the wrong side if the trade plus decay. But if this breaks TMV will melt up, imho, hge not inhttp://www.stocktiming.com/Wednesday-DailyMarketUpdate.htm
Leveraged funds can be used for day trades or as a hedge.But few securities can pop like this one. Look at the move from 4/1 to 4/7 a.m.==============================================http://cheapogroovo.vox.com/library/posts/tags/bonds/
The way to play TMV is not to buy and hold....it is best to profit from the volitility,bybuying and selling covered calls.Depending on the selection of the strike price, you can win in any situation.