Bearish on Bonds? Get More Leverage with 'TMV' and 'TYO'
As a global vaccine rollout continues and the economy starts to exhibit signs of healing, fears of inflation could be ahead. A confluence of factors tamping down bond prices is exactly what the bears would love to see. “Underpinning the bond-fund pain is the building consensus that price pressures are poised to lurch higher,” a Yahoo! Finance article said. “Covid-19 vaccine rollouts combined with the prospect of further fiscal and monetary stimulus have triggered bets on higher inflation, threatening to erode the value of future returns.” TMV seeks daily investment results before fees...