ETFs › STPP
iPath US Treasury Steepener ETN (STPP)
treasury-bonds yield-curve etn
This ETN is a wager on the shape of the yield curve, profiting when long-term rates rise faster than short-term rates. It's financial origami, folding complex treasury futures strategies into a tradable paper. A tool for bond market connoisseurs or those who fancy themselves the next George Soros.