iPath US Treasury Steepener ETN (STPP): Price and Financial Metrics ETF

iPath US Treasury Steepener ETN (STPP) ETF Bio

The investment objective of the iPath US Treasury Steepener ETN is to provide investors with exposure to the Barclays US Treasury 2Y/10Y Yield Curve Index. The Barclays US Treasury 2Y/10Y Yield Curve Index employs a strategy that seeks to capture returns that are potentially available from a "steepening” or "flattening”, as applicable, of the U.S. Treasury yield curve through a notional rolling investment in U.S. Treasury note futures contracts. The level of the Index is designed to increase in response to a "steepening" of the yield curve and to decrease in response to a "flattening” of the yield curve.