for the first time you can short bonds on
@HyperliquidX,
$TLT and $IWM went live on markets today under the
@Markets_xyz/
@Kinetiq_xyz deployer. two ETFs, but they carry more macro meaning.
TLT
TLT holds US treasuries with 20+ years to maturity. it's effectively a leveraged bet on where rates go, without any leverage at all. when the market thinks the fed is cutting, TLT rallies. when inflation surprises to the upside, it gets destroyed.
IWM
IWM tracks the russell 2000 - two thousand small US companies. small caps live and die on domestic credit conditions, but when the cycle turns up, it moves before the S&P does.
Now avaliable 24/7/365 on
@Markets_xyz: