Deutsche Bank unveils bond futures ETNs

The  PowerShares DB German Bund, Italian Treasury Bond and Japanese Govt Bond Futures ETNs all track indices measuring the performance of a long position in the relevant bond futures. Deutsche Bank says these are the first ETNs to provide the US dollar value of the returns of their respective indices. The PowerShares DB partnership is also offering three-times leveraged notes across German, Italian and Japanese government debt. The ETNs are senior unsecured obligations issued by Deutsche Bank. Returns are calculated by combining those from the underlying futures index with those of...