Bond ETFs Take A Detour Off Track In Wild Markets
September 29, 2008 at 04:00 AM EDT
Bond exchange traded funds (ETFs) have had a difficult time of late, as at times they’ve not traded at prices that match their underlying values - one of the main purposes of these funds. For example, on Sept. 18, one of Barclay’s bond funds closed at a price 8.4% below the underlying value of its securities, [...]