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TBT - ProShares UltraShort Lehman 20+ Yr (ETF)

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Creator dasv Created 16 Jan 2009 Posts 55 Last Post 13 years ago
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TBT:

http://finance.google.co.uk/finance?q=tbt

ProShares UltraShort Lehman 20+ Year Treasury (the Fund) seeks investment results that correspond to twice the inverse daily performance of the Lehman 20+ Year U.S. Treasury Index. The Lehman 20+ Year U.S. Treasury Index includes all publicly issued, United States Treasury securities that have a remaining maturity of 20 years or greater, are non-convertible, are denominated in United States dollars, are rated (at least Baa3 by Moody's Investors Service or BBB- by S&P), are fixed rate, and have more than $250 million par outstanding. The Index is weighted by the relative market value of all securities meeting the Index criteria. Excluded from the Index are certain special issues, such as flower bonds, targeted investor notes (TINs), United States Treasury inflation-protected securities (TIPs), state and local government bonds (SLGs), and coupon issues that have been stripped from assets already included. The Fund’s investment advisor is ProShare Advisors LLC.

Here are some charts for NYSE:TLT an IShares ETF tracking US 20 year treasuries:-





TLT: