Seeking Alpha

  iPath U.S. Treasury 10-Year Bear ETN - NYSEARCA

9/21/2014, 2:40 PM ET
  • J Mintzmyer | Send Message 9 Jul 2012

    Might be a good time to load up on DTYS. Contrarian against QE3 expectations...
    Reply (7)
  • View all 7 replies
    • J Mintzmyer | Send Message 1 Aug 2013
      : I think it might take another 6m-1y for another i/r jump. Watch jobs #s the next few months...
    • johnbartles | Send Message 1 Aug 2013
      : agreed don't think FLAT a good play until Fed Reserve increases their policy rate, probably not until 2015
      DTYS vs. ETF Alternatives
      DTYS Description
      "The iPath® US Treasury 10-year Bear Exchange Traded Note is linked inversely to the performance of the Barclays Capital 10Y US Treasury Futures Targeted Exposure Index™. The index seeks to produce returns that track movements in response to an increase or decrease, as applicable, in the yields available to investors purchasing 10-year U.S. Treasury notes. The level of the index is designed to increase in response to a decrease in 10-year Treasury note yields and to decrease in response to an increase in 10-year Treasury note yields. To accomplish this objective, the performance of the index tracks the returns of a notional investment in a weighted ""long"" position in relation to 10-year Treasury futures contracts, as traded on the Chicago Board of Trade. The iPath® US Treasury 10-year Bear ETN employs an index multiplier that provides the investor at maturity or upon redemption a participation rate of $0.10 gain or loss per each 1.00 point decrease or increase, respectively, in the level of the index. For purposes of calculating the closing indicative note value on a given day, the index multiplier is multiplied by the daily index performance, which is added to the daily interest that accrued from a notional investment of the value of the ETN at the 28-day U.S. Treasury Bill rate, from which all applicable costs and fees are deducted. "
      See more details on sponsor's website
      Country: United States
      Key Info
      Find the right ETFs for your portfolio: Seeking Alpha's new ETF Hub