FTSE China Bear 3X Direxion YANG – Up 17.9% Ultrashort FTSE China 50 ETF FXP – Up 11.7% Inverse Leveraged U.S. Treasuries As the benchmark yields topped the 3%-level, U.S. treasuries fell in value as bond prices are inversely related to the yields. ProShares UltraShort FTSE China 50 (FXP): ETF Research Reports Wall Street was downbeat last week due to mounting inflationary pressures, rising rate worries and geopolitical tensions.