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Direxion, one of the largest issuers of inverse and leveraged
ETFs, announced today the introduction of three new inverse bond ETFs that are not leveraged.
Massachusetts-based Direxion introduced the Total Bond Market Bear 1x Shares
SAGG, the Daily 7-10 Year Treasury Bear 1x Shares
TYNS and the Daily 20+ Year Treasury Bear 1x Shares
TYBS.
The firm does offer leveraged bond funds such as the Direxion Daily 20+ Yr Treasury Bull 3X Shares
TMF and the Direxion Daily 20+ Yr Treasury Bear 3X Shares
TMV.
Direxion has $7.5 billion in assets under management.
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