iPath US Treasury Long Bond Bear ETN (DLBS): Price and Financial Metrics ETF

iPath US Treasury Long Bond Bear ETN (DLBS) ETF Bio

The investment objective of the iPath US Treasury Long Bond Bear ETN is 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 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. The Index seeks to achieve its target sensitivity through the allocation of a weighting to the relevant long-dated Treasury futures contract, as traded on the Chicago Board of Trade, underlying the Index.