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Hedge for High Interest Rates

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AMEX:PFIX   Simplify Interest Rate Hedge ETF
Here is great high interest rate hedge. While I wanted to use USINTR to compare, it didn't look obvious for easy analysis, so I used USIRYY instead since both are greatly correlated. The Fed keeps talking like a dove but acting like a hawk: like promising soft landings from transitory inflation, yet suddenly choosing rare 75 bps increase, even though they previously implied 50 bps would be the most. So, I expect next few rate raisings will be at least that much, possibly a full point even during this summer. That would be great for this ETF going up, which is currently on sale, thanks to more direct & intense QT from the Federal Reserve.

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