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.   

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

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