Overall, 59% of fixed-income ETF users reported that they have increased ETF usage since 2011,” according to the study. [Institutions Increase use of ETFs]
Departures from ETFs such as TLT and the iShares 7-10 Year Treasury Bond ETF (NYSEArca: IEF), which has lost $557 million this year, have stoked inflows to equivalent bearish funds. For example, investors have added over $291 million combined to the ProShares UltraShort 20+ Year Treasury (NYSEArca: TBT) and the Direxion Daily 20-Year Treasury Bear 3X (NYSEArca: TMV). More impressively, combined second-quarter inflows to TBT and TMV are nearly $280 million.
iShares 20+ Year Treasury Bond ETF
Tom Lydon’s clients own shares of TLT.