ProShares UltraShort 7-10 Year Treasury (ETF) (NYSEMKT:PST)
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ProShares UltraShort 7-10 Year Treasury (ETF)
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ProShares UltraShort 7-10 Year Treasury (ETF)
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While I'm not exactly keen on treasuries from these interest rate levels, I'm a firm believer in the crappiness of 2X leverage ETFs. They all degrade over time. Also, expense ratio is likely to rise at the end of Sept. 2012 which will lead to further underperformance.