Editing Direxion daily 20 year treasury bull 3x
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=== Bear Case === | === Bear Case === | ||
In this scenario, the Federal Reserve will hike the interest rates up to 5.50 ~ 5.75 with two more 25 basis points | In this scenario, the Federal Reserve will hike the interest rates up to 5.50 ~ 5.75 with two more 25 basis points hike. Economy remains resilient and has enough strength to withstand tightened credit condition. The federal reserve is likely to hold the rates until Q3 2024 as stated by their chairman Jerome Powell, and performance of TMF will struggle to see the upside in the next few years. <ref>https://www.usatoday.com/story/money/2023/06/16/when-will-the-fed-cut-interest-rates-2023/70330336007/</ref> | ||
[[File:Bear.png|Bear case graph]] | [[File:Bear.png|Bear case graph]] |