ProShares UltraShort 20+ Year Treasury ETF (TBT) - With the Treasury having to raise historic amounts of capital through note sales, many investors believe long-dated Treasury yields will go higher and the bonds will collapse.

TBT rises at twice the rate that long-dated Treasuries fall. From a technical standpoint, it appears TBT has broken out above $53.50 and has "filled the gap."

For those who believe Treasury rates will continue to rise, TBT is an excellent way to play this move.

By Nick Atkeson and Andrew Houghton, editors of Big Money Options