These yields fit right into the hands of bearish bond traders with leveraged ETFs like the Direxion Daily 20+ Yr Trsy Bear 3X ETF (TMV) and the Direxion Daily 7-10 Year Treasury Bear 3X Shares (TYO). TYO seeks daily investment results before fees and expenses of 300% of the inverse (or opposite) of the daily performance of the ICE U.S. Treasury 7-10 Year Bond Index. "Covid-19 vaccine rollouts combined with the prospect of further fiscal and monetary stimulus have triggered bets on higher inflation, threatening to erode the value of future returns."