Scaredinvestorsrushed into the safestdollarassets, lured by theliquidityofthevastmarket for us Treasuries, asthe euro area was revealed as a mess of fragmentedbondmarkets.
As the euro has taken it on the chin, investors have flocked to dollars, sending the 30-Year Treasuries higher, and in turn making this leveraged ETF soar about 42% in the last three months.