NYSEARCA:DLBS
Delisted
US Trsy Long Bond Bear ETN Ipath ETF Company Profile
$9.94
+0.390 (+4.08%)
At Close: Jan 17, 2020
Information
877-764-7284
Description
The iPath® US Treasury Long Bond Bear ETN is designed to provide investors with inverse exposure to the Barclays Long Bond US Treasury Futures Targeted Exposure Index™. The Barclays Long Bond US Treasury Futures Targeted Exposure Index™ (the "Index") is designed to decrease in response to an increase in the long-dated Treasury bond yields and to increase in response to a decrease in long-dated Treasury bond yields. The Index targets a fixed level of sensitivity to changes in the yield of the current "cheapest-to-deliver" bond underlying the relevant long-dated Treasury futures contract at a given point in time.