iPath US Treasury Long Bond Bear ETN

iPath US Treasury Long Bond Bear ETN is an exchange traded note launched by Barclays Bank PLC. The note seeks to track -1x of the performance of the Barclays Long Bond US Treasury Futures Targeted Exposure Index. The index represents the fixed income markets of the United States. It employs short positions ad comprises of derivatives such as futures contracts on treasury bonds with a maturity of 15 years or more. The ETN will mature on August 13, 2020. iPath US Treasury Long Bond Bear ETN was formed on August 9, 2010 and is domiciled in the United Kingdom.