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Free minder
Join Date: Nov 2001
Location: Middlessex county, MA
Posts: 9,406
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Okay got it. You bought an instrument that is based on the opposite of the treasury bills, hence the shorting. Now, explain to me the advantage versus buying treasury bills directly, if you know their rate will go up? Well, maybe treasury bills cannot be bought so easily, is that the answer?
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1978 SC Targa, DC15 cams, 9.3:1 cr, backdated heat, sport exhaust https://1978sctarga.car.blog/
2014 Cayenne platinum edition
2008 Benz C300 (wife’s)
2010 Honda Civic LX (daughter’s)
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