Deutsche Bank and PowerShares list first ETNs linked to foreign sovereign bond futures

Deutsche Bank and PowerShares partner to give access to the German, Italian and Japanese sovereigns markets through ETNs

DB gives access to Japanese sovereigns but says it is too early to tell what affect disasters may have on the market

Deutsche Bank and Invesco PowerShares have launched six foreign sovereign bond futures products on the New York Stock Exchange, taking their next step into the growing in exchange-traded note (ETNs) market and further solidifying their partnership.

The notes give access to sovereign bond futures for the German, Italian and Japanese markets. "Under the 40 Act structure (which is what most ETFs are) there is no way to access single countries for fixed income," says Martin Kremenstein, New York