Bond ETFs Survived 2020 Liquidity Scare. But Just Barely.

You don’t need to be an expert in financial market structure, nor in fixed-income investing, to understand that an “illiquidity doom loop” is a very bad thing. Source: Bloomberg This phrase made its first appearance in a Bloomberg News article on Friday, March 20, when Mizuho International Plc’s Peter Chatwell raised the alarm about certain exchange-traded funds tracking the bond markets….

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What Some Smart Bond-Fund Managers Are Betting On Now

While interest rates are expected to rise in the US, some high-profile mutual-fund managers differ on their investment strategy. Four major investors share their approach with the Wall Street Journal. Source: Wall Street Journal As markets look for the Federal Reserve to raise rates three or even four times this year, star bond managers have…

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