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ProShares Ultra 7-10 Year Treasury (UST) Shares Cross Above 200 DMA

Market Technicals & FlowsInterest Rates & YieldsCredit & Bond MarketsInvestor Sentiment & Positioning

ProShares Ultra 7-10 Year Treasury ETF (UST) crossed above its 200-day moving average of $43.83, trading as high as $43.97 and up roughly 0.5% on the day. The move is a technical bullish signal that may attract momentum flows into this leveraged 7-10 year Treasury exposure, but is a routine market technical event with minimal broader market impact.

Analysis

ProShares Ultra 7-10 Year Treasury ETF (UST) crossed above its 200-day moving average of $43.83, trading as high as $43.97 and up roughly 0.5% on the day. The move is a technical bullish signal that may attract momentum flows into this leveraged 7-10 year Treasury exposure, but is a routine market technical event with minimal broader market impact.

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