For the average investor, the Ultra U.S. Treasury Bond futures contract is a relatively new way to get protection against deflation. But for at least one trader, it’s another sign that a significant price drop is looming for the bond market.
The Ultra contract gets futures traders true exposure to the 30-year Treasury bond. The original T-Bond contract included bonds with terms of 15 years or more.
While volume remains comparatively low, investors have been turning to the Ultra increasingly as deflation, not inflation, has become a bigger worry for the economy.
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