iPath US Treasury 10-year Bull ETN (DTYL)
iPath US Treasury 10-year Bull ETN operates in the Asset Management industry of the Financial Services sector. The stock last traded at $98.68, up 0.94% on the session, giving a market capitalisation of $6.2M. Its beta of 2.21 implies it has historically moved more than the broad market.
This investment vehicle aims to offer market participants a way to track the performance of the Capital 10Y US Treasury Futures Targeted Exposure Indexâ¢. Specifically, this index is constructed to move inversely to the 10-year Treasury note yields; its value rises when these yields fall, and it declines when they increase. Furthermore, the index maintains a consistent level of responsiveness to fluctuations in the yield of the specific "cheapest-to-deliver" (CTD) note that underpins the corresponding 10-year Treasury futures contract at any given moment.
iPath US Treasury 10-year Bull ETN is most often compared with the following Financial Services names: