The ProShares UltraShort 3-7 Year Treasury (NYSE Arca: TBZ) provides inverse exposure to the 3-7 year segment of the U.S. Treasury market. TBZ seeks to provide -2x the daily performance of the Barclays Capital U.S. 3-7 Year Treasury Bond Index, before fees and expenses.
The ProShares Short 7-10 Year Treasury (NYSE Arca: TBX) seeks to provide -1x the daily performance of the Barclays Capital U.S. 7-10 Year Treasury Bond Index, before fees and expenses.
TBZ and TBX bring ProShares’ lineup of inverse bond ETFs to eight (see ProShares Launches New Bond ETF).