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In 1,200 Word Profile on Eric Cantor, WaPo Neglects to Mention His Bet against the US

So the WaPo did a 1200-word profile on Eric Cantor’s central role in debt ceiling negotiations. And somehow they never get around to mentioning that Cantor has a bet placed against US Treasuries.

Eric Cantor, the Republican Whip in the House of Representatives, bought up to $15,000 in shares of ProShares Trust Ultrashort 20+ Year Treasury ETF last December, according to his 2009 financial disclosure statement. The exchange-traded fund takes a short position in long-dated government bonds. In effect, it is a bet against U.S. government bonds—and perhaps on inflation in the future.

You’d think that’d be the sort of thing worth mentioning.

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