About ProShares UltraShort 7-10 Year Treasury (PST)

The ProShares UltraShort 7-10 Year Treasury (PST) is an exchange-traded fund (ETF) that provides inverse exposure to the daily performance of the ICE U.S. Treasury 7-10 Year Bond Index. This means that the fund aims to deliver twice the inverse return of the index on a daily basis. The ETF uses a variety of financial instruments, such as derivatives and swaps, to achieve its investment objective.

Investors often use PST as a hedging tool against potential declines in the 7-10 year Treasury bond market. By holding PST, investors can profit from falling bond prices or rising yields in this sector. However, it's crucial to note that the fund is designed to deliver its inverse return on a daily basis, and its performance can deviate significantly from the index's return over longer periods due to compounding effects.