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Investment Banking & Investment Services
Financial
ETN
iPath US Treasury Steepener ETN is an exchange traded note launched by Barclays Bank PLC. The note seeks to track the performance of the Barclays US Treasury 2Y/10Y Yield Curve Index. The index represents the fixed income markets of the United States. It employs long positions through derivatives such as futures contracts on 2-year U.S. Treasury notes and short positions through derivatives such as futures contracts on 10-year U.S. Treasury notes. The ETN will mature on August 13, 2020. iPath US Treasury Steepener ETN was formed on August 9, 2010 and is domiciled in the United Kingdom.
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