Modest inflows have also been seen to ETFs bearish on 7-10 Treasuries. For example, the ProShares UltraShort Lehman 7-10 Year Treasury (NYSEArca: PST) has gained $12.7 million in new assets this year. Investors allocating capital against 7-10 Treasuries are in a minority as the iShares 7-10 Year Treasury Bond ETF (NYSEArca: IEF) is the fourth-best ETF of any type in terms of 2014 inflows with $2.7 billion. [Treasury ETFs Get a Lift]
The iShares 20+ Year Treasury Bond ETF (NYSEArca: TLT) is also on the top-10 inflows list with $1.8 billion.
Here is an interesting fact that highlights just how addicted some investors are to betting against Treasuries: The $525.3 million that has gone into TBT this year is nearly triple the amount gained by the iShares MSCI India ETF (NYSEArca: INDA), an ETF that is up nearly 19%. [Will Investors Return to India ETFs?]
ProShares UltraShort 20+ Year Treasury
Tom Lydon’s clients own shares of TLT.