TBT is the 2X leveraged inverse of TLT, (20+ year US Treasury Bond). As such it trends in same the direction of intermediate term (20+) interest rates. It has generated an Intermediate Term Buy Signal, indicating higher interest rates are here and/or coming to an economy near you. Higher rates should eventually sink everything (with the notable exceptions of Bitcoin and inflation). Buy Signal: TBT Option: July 16th $21C (1.20-1.30)
