Price Prediction
Investors Bet on Utility ETFs
Investors are using call options on exchange-traded funds (ETFs) linked to utility stocks and long-term Treasury bonds to bet on a sudden reversal in interest rates. Trading volume in call options linked to popular ETFs such as the iShares 20+ Year Treasury Bond ETF and the State Street Utilities Select Sector SPDR ETF has surged, following September's surge in Treasury yields.