This ETF Loves Higher Interest Rates
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Rising Interest rates have been very hard on stocks and bonds so far this year.
But are any ETFs doing well during this rapidly rising rate environment? Yup. The ProShares Short 20+ Year Treasury (NYSE:TBF) is up year to date
TBF is screaming higher due to rising interest rates and testing a key
TBF Weekly Chart
Stocks and bonds would love to see rates peak at current levels.