Name of ETF: iPath US Treasury Flattener ETN
Benchmark Index: Barclays US Treasury 2Y/10Y Yield Curve Index
Ticker Symbol: FLAT
Basic Strategy: This ETN is designed to offer inverse exposure to the benchmark index. The benchmark index is design to:
- Increase in response to a steeping of the U.S. Treasury Yield Curve
- Decrease in response to a flattening of the U.S. Treasury Yield Curve
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