Inflation or Stagnation? The Long & Short in Fixed Income ETFs

By: ETFdb
Even before the spectacular end of the record bull market of the previous decade, fixed income was experiencing a heyday. At the close of 2019, Direxion’s two leveraged treasury ETFs, the Direxion Daily 20+ Year Treasury Bull 3X Shares ( TYD B- ) and Direxion Daily 20+ Year Treasury Bull 3X Shares ( TMF B+ ), were at or near all-time highs thanks to historically low-interest rates during what was ostensibly an expansionary period.
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