iPath US Treasury 2-year Bear ETN (DTUS)
iPath US Treasury 2-year Bear ETN operates in the Asset Management - Bonds industry of the Financial Services sector. The stock last traded at $21.35, down 1.93% on the session, giving a market capitalisation of $1.5M. Its beta of -3.55 implies it has historically moved less than the broad market.
This investment instrument aims to provide investors with returns that move in the opposite direction of the Barclays 2Y US Treasury Futures Targeted Exposure Index™. This specific index is engineered to decrease in value when yields on 2-year U.S. Treasury notes rise, and to increase when these yields fall. Furthermore, the index is constructed to maintain a predetermined level of sensitivity to changes in the yield of the most economical 2-year Treasury note deliverable against relevant futures contracts at any given moment.
iPath US Treasury 2-year Bear ETN is most often compared with the following Financial Services names: