The iPath US Treasury Flattener Exchange Traded Note is linked inversely to the performance of the Barclays Capital US Treasury 2Y/10Y Yield Curve Index. The index employs a strategy designed to capture returns potentially available from a "steepening" or "flattening" of the U.S. Treasury yield curve through a notional rolling investment in U.S. Treasury note futures contracts.
Investment type: ETN (Exchange-Traded Note); listed on the U.S. NYSE exchange
Ticker symbol: FLAT
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