### Comment:
How does this work? ETFs don't react to rising rates fast? How far out for calls?

### REPLY:
As the yield of these treasuries continue to increase (because money is being kept out of these “safe” investments), the value of them will decrease. This will cause ETFs tracking treasuries to continue to go lower. I think that once the yield hits around 4-4.25%, funds will start flowing into treasuries, causing the yield to drop (increasing the ETF values).  
  
 I’m not buying anything until I see 4% yields.  
  
 $TLT, $VGLT, etc.

### END.