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  1. 10,404 Posts.
    The answer is complex and not covered by Forbes. Basically it's about tising US inflation. The FED must answer with a rate rise at some point after next month's easing winds up and now the market is anticipating.

    It will be interesting to see where rates are in three weeks. I hope back to sub 2.4 and rising again to the FOMC meeting 24th Oct. There is no November meeting and last year Bernanke let the market stew for two months this time before announcing the wind down of QE3

    Bought at a low yield an inverse ETF could still be the trade of the century.
 
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