PowerShares DB 3x Italian Treasury Bond Futures ETN (NYSEArca: ITLT), a leveraged ETF tracking Italian government bonds, fell 2%.
Italian banks were under heavy pressure on Monday. “The stock market triggered the (bond market) movement this time,” a Milan-based bond trader said in a Financial Times report. [ETF Spotlight: iShares MSCI Europe Financial Sector]
iShares MSCI Italy
PowerShares DB 3x Italian Treasury Bond Futures ETN