I nā hua'ōlelo'ē aʻe, piʻi ke kumukūʻai paʻakikīʻino aʻe i ka wā e hāʻule ai ka māhele palapala paʻa, a me ka hope. No ka laʻana, inā i hāʻule ka hapa makahiki 10 o ka US Treasury i ka 1% i kekahi lā i hāʻawiʻia, e loaʻa i ka kālā kālā he 10% o ka waihona kālā kālā i ka 1%.
Nāʻano o ke kālā hōʻai'ē Bond
Loaʻa i nā kānaka kālā kālā ka koho e hoʻolako i nāʻaelike FI-a-a-i iʻekolu aʻekolu paha, a ua hoʻolālāʻia e neʻe iʻelua aʻekolu paha manawa ma kahiʻaoʻao'ē aʻe o kā lākou papa helu kumuhana, i kēlā me kēia lā. Hiki i ka 1,.0% nuku i ka index ka unuhi i kahi waiwai o 2.0% no kahi kālā pālua a me 3.0% no kahi kālāʻekolu. E like me ka mea e manaʻoʻia ana,ʻo ia mau huahana e halihali ana i nā meaʻoi aʻe iʻoi aku ka nui aʻe o ka pilikia a me kaʻoihana hoʻihoʻi kiʻekiʻe aʻe ma mua o ko lākou mauʻaoʻao i ka manawa hoʻokahi.
ʻO nā mea hoʻolale kālā e hana i nā meaʻoi aku ma mua o ka bet wale nō i ka māhele paʻa. Ma ka hakahaka, he nui nāʻano koho e hiki ai i nā mea waiwai ke hoʻolimalima i nā haʻahaʻa i nā US Treasuries o nā kūʻokoʻa likeʻole a me nā māhele likeʻole o ka māke (e like me nā hōʻailona kiʻekiʻe a me nā hōʻai'ē palekana ).
Nā Risks o Nā Hōʻai'ē Bond Inverse
Hiki i nā hoʻopiʻi hoʻopiʻi ke hāʻawi i nā mea kālā i ka nui o nā koho, akā i ka nui aʻe o nā pōʻino e pilikia. ʻO ka mea mua,ʻo ka kū'ēʻana i kekahi māhele māhele o ka māhele, ma muli o konaʻano, he mahele maʻalahi i hikiʻole ke kūpono i nā mea waiwai a pau. Ma mua o ka kūʻaiʻana i kēlā huahana - a ma kahi o kekahi kālā hoʻolālā nui - e hoʻomaopopo pono i ka nānāʻana i kou kūlana palekana a hoʻomaopopo iāʻoe e pili ana nā FEF i ka hoʻohālikeʻana i nā kaʻa kūʻai kālepa.
Eia nō hoʻi, mai poina iā lākou,ʻoiai lākou he mau makana pilikino , heʻano koʻikoʻi nāʻano leveraged ma keʻano. Eia kekahi laʻana, ma ke kaʻina mai ka lā 25 o Iulai a hiki i ka lā 22 o Kepakemapa, 2011, ua hāʻule ka hopena o ka waihona kālā o 10 mau makahiki mai 3.00% a hiki i 1.72% ke kumu kūʻai o kona kumukūʻai. I kēlā manawa like, ua lilo ke kumukūʻai o ka 7-10 makahiki Treasury Bear 3x Shares (TERO: TYO), a me ka THN pākēkē, ua lilo i $ 38.23 a $ 28.02 - he lilo o 26.7%. E hōʻoia iāʻoe keʻae i kēiaʻano kūlana ma mua o kou hoʻolālā.
Nā Risks oʻAlua Pākolu Hoʻoiho Bond
Pono nō hoʻi nā mea hoʻolako eʻike i ka hāʻawiʻana o nā kālā kūponoʻelua a meʻekolu i ka hana kūpono i manaʻoʻia ma nā lā hoʻokahi . Ma ka manawa lōʻihi, ka hopena o ka mea hōʻailona,ʻaʻole eʻike nā mea kālā i ka hana iʻelua mau manawa aʻekolu paha kaʻaoʻao o ke kuhikuhi. ʻO kaʻoiaʻiʻo,ʻo ka lōʻihi o ka manawa,ʻo kaʻoi aku ka nui o ka hoʻokaʻawaleʻana i waena o nāʻike maoli a i manaʻoʻia.
ʻO kahi lālā lōʻihi: ma kahi lā hoʻokahi, hiki i kahi'eneke kālā o ka Treasury FS ke lilo i 2% inā piʻi kaʻeke 1%. Ma kahi o hoʻokahi mahina, hiki i ka hoʻihoʻi he -6% (ʻaʻole -4%) ma kahi loaʻa he 2% no ka mākeke. I ka makahiki, hiki i kahi mea kālā keʻike i ka make ma kahi -26% (ʻaʻole -20%) ma kahi kūʻai he 10% ma ke kālepa. He hua'ōlelo wale nō kēia, akā e hōʻike ana i ka hoʻokaʻawale i hiki ke hana i ka manawa.
ʻO kēia kahi kumu nui loa iʻole ai e manaʻoʻia he kālā hoʻolālā iʻoi aku ka lōʻihi .
Ma lalo iho nei ka papa inoa o nā huahana hoʻololi i kālepa i ka hoʻokele. Loaʻa kekahi mau pilikino maʻaneʻi, e like me kekahi mauʻoihanaʻelua i hāʻawi aku i nā ETF i kū like i ka māhele likeʻole o ka māhele; no ka laʻana, TBX a me TYNS.
Hoʻokahi manawa (-100%) Inverse Treasury ETF a me nā ETN
- ʻO iPath US Treasury Long Bond Bear ETN (DLBS)
- Kākoʻo ProShares Pute Makahiki 20+ Makahiki US Treasury Index (TBF)
- Hoʻomaʻeneʻeʻia 20 Kālā Waihona Waiwai 1x Shares (TYBS)
- Hoʻomaʻeneʻa i ka Lā Lahui Poʻokela Bond Market 1x Shares (SAGG)
- ʻO iPath US Treasury 10-makahiki Bear ETN (DTYS)
- Ke Kuhikahi 7-10 makahiki Treasury Bear 1x Shares (TYNS)
- Nā ProShares Kēkele 7-10 MakahikiʻAla (TBX)
- ʻO iPath US Treasury 2-makahiki Bear ETN (DTUS)
- ʻO iPath US Treasury 5-makahikiʻO ka Exchange Exchange Traded Note (DFVS)
ʻElua a meʻekolu manawa (-200% a -300%) Inverse Treasury ETFs a me ETN
- Nā Papahana ProShares UltraShort Barclays 20+ Tau Treasury (TBT)
- Nā Papahana ProShares UltraShort 7-10 Makahiki Bond ETF (PST)
- Nā ProShares UltraShort 3-7 Makahiki Treasury 2x (TBZ)
- Nā ProShares UltraPro Kahi 20+ Makahiki Pūnaewele 3x (TTT)
- Dii PowerShares DB 3x Kēkelē 25+ Makahiki Treasury Bond ETN (SBND)
- Hoʻomalo i ka 7-10 Yr Trsy Bear 3X Shrs (TYO)
- Hoʻolaha Huakaʻi 20+ Yr Trsy Bear 3X Shrs (TMV)
- Nā ProShares UltraShort TIPS ETF (TPS)
Nā Palekana Kūpono Loa Loaʻole
- Kākoʻo ProShares Short Investment Grade Corporate (IGS)
- Hāʻawi Kūwaena Hōʻokoʻa ProShares (SJB)
- Keʻena PowerShares DB Keʻena Iʻepana Kepaniʻo Bond Future (JGBS)
- Pā'āluaʻo DB 3x Keʻena'Ipena Kepani Bond Bond Future (JGBD)