ProShares is planning to roll out two new bond ETFs, Business Insider reports. The Short High Yield Fund would aim to deliver daily returns equal to -100% of the daily change in the iBoxx $ Liquid High Yield Index. The UltraShort 3-7 Year Treasury Fund would seek to deliver daily results equal to -200% of the daily change in the Barclays Capital 3-7 Year Treasury Index. With the new offering, ProShares is seeking to provide investors more options for betting against fixed income securities.
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