Felix Baumgartner, call your broker. UBS debuts a double-leveraged mortgage REIT ETN (MORL)....

|About: UBS ETRACS Monthly Pay 2... (MORL)|By:, SA News Editor

Felix Baumgartner, call your broker. UBS debuts a double-leveraged mortgage REIT ETN (MORL). Charging just 40 basis points/year, the product - tracking and then doubling down on an index of already highly-leveraged mortgage REITs - is currently priced to yield about 25%.