Two new ETFs that provide leveraged exposure to long term treasuries were recently launched byProShares.

The ProShares Ultra 20+ Year Treasury (UBT) is targeted to deliver investment results that correspond to twice (200%) the performance of the Barclays Capital 20+ Year U.S. Treasury Index for a single day.  The performance benchwork excludes fees, expenses and interest income.

ProShares Ultra 7-10 Year Treasury (UST) seeks investment results that correspond to twice (200%) the performance of the Barclays Capital 7-10 Year U.S. Treasury Index for a single day.

Investors warmly embraced other ProShares Treasury ETFs.  The ProShares UltraShort 20+ Year Treasury ETF (TBT) has attracted more than $4.6 billion in less than two years.  ProShares also manages the ProShares UltraShort 7-10 Year Treasury (PST).

For more ETF investing choices, see the Fixed Income ETF directory.