3 ms·
Thanks. Not really familiar with that ETF so I wasn't sure if that was a big change or a small change but really it's an irrelevant change to the conversation.
by xeromal 4y ago
Thanks. Not really familiar with that ETF so I wasn't sure if that was a big change or a small change but really it's an irrelevant change to the conversation.
- ProjectArcturis 4y agoNo, he's super wrong. That ETF is a basket of MBS. It's traded on the stock exchange so people can trade MBS as a general concept, rather than buying and selling individual bonds. If there were truly a "no bid" situation, the price of existing MBS would crater, and the price of the ETF would crater.