Sovereign Bond ETNs Hit The Market
March 25, 2011 at 18:00 PM EDT
Deutsche Bank and PowerShares launched six exchange traded notes (ETNs) this week, which give exposure to single-country bonds. The ETNs are desinged to track foreign sovereign-bond futures and will be denominated in U.S. dollars, reports John Spence for MarketWatch. These will be the first ETNs...