By: ETFdb
iPath Rolls Out Eight New Treasury ETNs
iPath, one of the largest issuers of exchange traded notes (ETNs) announced today a significant expansion of its product line. The firm introduced eight new ETNs linked to indexes measuring the performance of various corners of the government bond market. The fixed income ETNs join an existing product line that includes debt instruments offering exposure to commodities, currencies, emerging markets equities, and alternative strategies. The new ETNs, which consist of four pairs of long and short ETNs, are: U.S. Treasury Steepener ETN (STPP) U.S. Treasury Flattener ETN (FLAT) U.S. Treasury 2-Year Bull ETN (DTUL) U.S. Treasury 2-Year Bear ETN (DTUS) U.S. Treasury 10-Year Bull ETN (DTYL) U.S. Treasury 10-Year Bear ETN (DTYS) U.S. Treasury Long Bond Bull ETN (DLBL) U.S. Treasury Long Bond Bear ETN (DLBS) The most unique of the new products are the Steepener and Flattener ETNs. STPP offers exposure to the Barclays Capital U.S. Treasury 2 Year/10 Year Yield Curve Index, a benchmark that measures the [...] Click here to read the original article on Related Stories: ProShares Launches Ultra Treasury ETFs (UBT, UST) PowerShares, Deutsche Bank Team Up On 3x Leveraged Bond ETNs Barclays Rolls Out Inverse VIX ETN (XXV)
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