|iPath US Treasury Long Bond Bull ETN|
|The investment seeks to replicate, net of expenses, the performance of the Barclays Capital Long Bond US Treasury Futures Targeted Exposure index.
The index seeks to produce returns that track movements in response to an increase or decrease, as applicable, in the yields available to investors purchasing long dated U.S. Treasury bonds. The level of the index is designed to increase in response to a decrease in long dated Treasury bond yields and to decrease in response to an increase in long dated Treasury bond yields.|
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