Reported 13 days ago
Traders are flocking to the Direxion Daily 20-Year Treasury Bull 3X ETF, despite its history of disappointing returns, with a record $625 million injected last week, amid speculation that interest rates have peaked. The fund, which offers triple exposure to the Treasury market, along with the iShares 20+ Year Treasury Bond ETF, are drawing significant investments even as they face losses this year, indicating a risky bet in a potentially volatile economic landscape.
Source: YAHOO