Products April 5, 2011

ProShares Launches Two Inverse Treasury ETFs

ProShares launched two exchange-traded funds (ETFs) that provide inverse exposure to the U.S. Treasury market.
Reported by

The ProShares UltraShort 3-7 Year Treasury (NYSE Arca: TBZ) provides inverse exposure to the 3-7 year segment of the U.S. Treasury market.  TBZ seeks to provide -2x the daily performance of the Barclays Capital U.S. 3-7 Year Treasury Bond Index, before fees and expenses.   

The ProShares Short 7-10 Year Treasury (NYSE Arca: TBX) seeks to provide -1x the daily performance of the Barclays Capital U.S. 7-10 Year Treasury Bond Index, before fees and expenses.   

For more stories like this, sign up for the PLANADVISERdash daily newsletter.

TBZ and TBX bring ProShares’ lineup of inverse bond ETFs to eight (see “ProShares Launches Bond ETF“).

«