Posts Tagged ‘ Direxion ’

U.S. Treasury Insolvency: “It’s Greek to Us”

Feb 11th, 2010 | By Rob
U.S. Treasury Insolvency: “It’s Greek to Us”

“That will never happen to this country.” – Timothy Geitner in response to suggestions that the U.S. Treasury may one day lose its Aaa credit rating. Perhaps inspired by Niall Ferguson’s dramatic Financial Times piece, “A Greek Crisis Coming To America“, we see today as a prime opportunity to recap our short U.S. Long Term
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Shorting the 10 Year Note

Nov 13th, 2009 | By Rob

The Direxion 10-Year Treasury Note 3X Bear ETN (TYO) is a leveraged ETN which is designed to move in tandem with the yield on the 10-Yr Treasury Note, opposite the price, and with three times leverage on a daily basis. Like many leveraged and inverse ETNs this one carries risks, especially when holding the product
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