ProFunds Group, the world’s largest manager of leveraged and inverse funds,1 announced today that it is launching an ETF designed to provide short exposure to the market for long-term U.S. Treasury bonds. ProShares Short 20+ Year Treasury is built to produce 100% of the inverse performance of the Barclays Capital 20+ Year U.S. Treasury Index for a single day, excluding fees and expenses.
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The Barclays Capital 20+ Year U.S. Treasury Index measures the performance of U.S. Treasury bonds with maturities of 20 years or greater
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