The fund has risen above the high it reached in early 2009 during the financial crisis.
The bounce in Treasury yields this week has been profitable for ETFs that bet against bonds. These inverse ETFs include:
- ProShares Short 20+ Year Treasury (NYSEArca: TBF)
- ProShares UltraShort 20+ Year Treasury (NYSEArca: TBT)
- Direxion Daily 30 Year Treasury Bear 3X (NYSEArca: TMV)
- Direxion Daily 10 Year Treasury Bear 3X (NYSEArca: TYO)
- PowerShares DB 3X Short 25+ Year Treasury (NYSEArca: SBND)
iShares Barclays 20+ Year Treasury Bond (NYSEArca: TLT)