Treasury ETFs Rise but Jim Rogers Says Short Bonds | Page 2 of 2 | ETF Trends

“I just think at some point along the line, people are going to realize it’s absurd to lend money to the United States government for 30 years in U.S. dollars at 3 or 4 or 5 or 6 percent interest,” Rogers said, according to Reuters. “I mean the market is just going to give up. Once (the Fed) … stops buying bonds I’m not sure who’s left to buy bonds at that point.”

The  iShares Barclays 20+ Year Treasury Bond Fund (NYSEArca: TLT) has traded higher this week despite Standard & Poor’s downgrade of its U.S. credit outlook.

S&P downgraded the United States long term credit outlook, taking it from stable to poor,  the first time in history. The last time that the United States was looking at a negative rating was in the 1990s, which was averted , says Wall Street Cheat Sheet.

ETFs that profit from rising Treasury yields and lower bond prices include:

  • ProShares UltraShort 20+ Year Treasury (NYSEArca: TBT)
  • ProShares Short 20+ Year Treasury (NYSEArca: TBF)
  • ProShares UltraShort 3-7 Year Treasury ETF (NYSEArca: TBZ)
  • ProShares Short 7-10 Year Treasury ETF (NYSEArca: TBX)
  • Direxion Daily 7-10 Year Treasury Bear 1x Shares (NSYEArca: TYNS)
  • Direxion Daily 20 Year Plus Treasury Bear 1x Shares (NYSEArca: TYBS)
  • Direxion Daily 7-10 Year Treasury Bear 3x Shares (NYSEArca: TYO)
  • Direxion Daily 20 Year Plus Treasury Bear 3x Shares (NYSEArca: TMV)

Tisha Guerrero contributed to this article.