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iPath US Treasury Flattener ETN (AQR)
interest-rates yield-curve leveraged etn
FLAT offers a unique way to bet on the flattening of the U.S. Treasury yield curve. It provides leveraged exposure to the spread between 2-year and 10-year Treasury yields, potentially benefiting when this spread narrows. This sophisticated instrument may appeal to investors with strong views on interest rate movements and the shape of the yield curve.