Corporate bonds have become very illiquid
Holders of the ETF have stampeded to the exits and, just as the ETF critics consistently predicted,
this liquidity mismatch has wreaked havoc with the market.
IEAC’s market capitalisation has fallen from over €13bn to €10bn in about a month.
FT 25 March 2020
this liquidity mismatch has wreaked havoc with the market.
IEAC’s market capitalisation has fallen from over €13bn to €10bn in about a month.
FT 25 March 2020
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