This is another position I expect to be holding for many years. Need to do a better job of position sizing in this ETF so the portfolio can benefit in larger sums. For now I am covering almost the entire position in $88.80s and will leave a tiny sliver so it remains on my radar.
If unfamiliar with this ETF or the reasons for the very long term reasons US bonds need to be shorted see this piece from 2008 [Nov 21, 2008: Bookkeeping - Initiating Ultrashort Lehman 20+ Year Treasury (TBT)]
*TBT is the Ultrashort ETF which allows you to short TLT in long only accounts such as IRAs; in theory shorting TLT or being long TBT should be of similar benefit.
Short iShares Barclays 20+ Year Treasury Bond (TLT) in fund; no personal position