ProShares announced last week an expansion to its lineup of 3x leveraged ETFs, rolling out a fund that delivers -3x daily exposure to long-term U.S. Treasuries. The new UltraPro Short 20+ Year Treasury (TTT) will seek to deliver daily results that correspond to -300% of movements in the Barclays Capital U.S. 20+ Year Treasury Index, a benchmark comprised of long-dated debt obligations of the U.S. government. The new ETF is linked to the same index as the extremely popular UltraShort 20+ Year Treasury (TBT), which offers -2x daily exposure to long-term Treasuries. That ETF, which debuted about four years ago, has become one of the most popular leveraged bond ETFs out there; TBT has more than $3.5 billion in assets and trades about 12 million shares on an average day. TTT In Focus Because the underlying index consists of Treasuries with at least 20 years remaining until maturity, TTT can be [...] Click here to read the original article on ETFdb.com. Related Posts: What’s Gotten Into Treasury ETFs? ProShares Launches Ultra Treasury ETFs (UBT, UST) ProShares Expands Treasuries Offerings How To Play A Treasury Bubble With ETFs ProShares Launches Two Short Treasury ETFs