Big Gain For Barclays Inverse US Treasury Aggregate ETN

Barclays Inverse US Treasury Aggregate ETN (TAPR:NASDAQ) rocketted at $7.18, representing a gain of 45%. On Mon 09 Mar 20, TAPR:NASDAQ touched a New 2-Week Intraday High of $13.6. From Mon 24 Feb 20, the stock recorded 40.00% Up Days and 54.55% Green Days

About Barclays Inverse US Treasury Aggregate ETN (TAPR:NASDAQ)

The investment seeks a return linked to the performance of the Barclays Inverse US Treasury Futures Aggregate IndexÂ`. The index employs a strategy that tracks the sum of the returns of periodically rebalanced short positions in equal face values of each of the 2-year, 5-year, 10-year, long-bond and ultra-long U.S. Treasury futures contracts (together, the Â`Treasury futures contractsÂ`). The index is composed of an equal synthetic short position in each Treasury futures contract that is either the Treasury futures contract closest to expiration or the next Treasury futures contract scheduled to expire immediately following the front contract.