Volume Spikes In Obscure Leveraged Japan ETFs

The Powershares DB 3x Inverse Japanese Government Bond ETN(NYSEArca: JGBD), which tracks an index that is intended to measure the performance of a notional short position in 10-year JGB futures, is lower by 2.4% on volume that is double the daily average.

 

ETF Trends editorial team contributed to this story.