ProShares Short 20+ year Treasury ETF (TBF US) $US16.38

The current flock to safety has sent bonds higher and their respective yields lower which is closely following the MM roadmap. Again due to our core view that stocks can easily retreat another ~6% we are only considering a 5% foray into the TBF ETF for our Global Macro ETF Portfolio: Click here to view

NB If stocks do indeed correct as we believe it’s highly likely MM will close out our BBUS and VXX positions looking to increase exposure to “risk”.