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You can hedge political risk a number of ways with inverseETFs. One worth considering is the ProShares Short 7-10 TreasuryETF, which gains if Treasury bond yields rise (andprices drop). During the past year through Oct. 4, the fund rose2.4 percent, compared with a negative 1.7 percent return for theBarclays U.S. Aggregate Bond Total Return Index, a proxy for theU.S. bond market. The fund charges 0.95 percent for annualexpenses.
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