ProShares Floats Inverse Treasury ETFs

ProShareshas launched two new exchange-traded funds (ETFs) that offer an inverse exposure to the U.S. Treasury market. The ETF provider has listed the new funds on theNYSE Arca.

TheProShares UltraShort 3-7 Year Treasuryaims to give an inverse exposure to the 3-7 year segment of the U.S. Treasury market and would provide 2x the daily performance of theBarclays Capital U.S. 3-7 Year Treasury Bond Index. TheProShares Short 7-10 Year Treasurywould offer 1x the daily performance of theBarclays Capital U.S. 7-10 Year Treasury Bond Index.

Click here for the release fromProShares.