Talk Your Book: Investing in Fixed Income
Animal Spirits Podcast
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The Dislocation of the Corporate Bond ETF in March
In March, the corporate bond ETF fell 20% in a matter of weeks. How crazy were credit markets during the few week period before the Fed stepped in? This is one of the issues with having an over-the-counter market. There is a natural price discovery process that happens and where you're lining up buyers and sellers. But yeah, I had a lot of skepticism that period of time on what was happening in theETF market.
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