LBND’s performance year to date versus say TLT is much more than 3 times the benchmark return, (115.8% versus 28.4%).
LBND’s counterpart on the short side of the equation, SBND (PowerShares DB 3X Short 25+ Year Treasury Bond ETN), unsurprisingly has lost 65.20% year to date. Both of these products debuted in June of 2010 and given the considerable interest and activity in 2011 in fixed income ETFs, they have gradually been gaining the attention of portfolio managers and institutional investors as potential strategic trading and/or hedging vehicles. [Traders Tap ETFs to Profit from Higher Treasury Yields]
PowerShares DB 3X Long 25 Year Treasury Bond ETN
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