Natural Gas ETN Tumbles as Premium Unwinds
March 26, 2012 at 15:14 PM EDT
An exchange traded note designed to follow natural gas futures fell much harder than the commodity on Monday as the ETN’s premium continues to erode. The iPath Dow Jones-UBS Natural Gas ETN (NYSEArca: GAZ) was off 15% in afternoon trading Monday. Traders have been zeroing in on the natural gas...
