In mid-February, prior to the market craziness, Jon Seed posted an article on our site titled: “Price”, ETFs, and Bond Market Liquidity. This was a prescient article, as it highlighted some of the issues with pricing bonds since they do not necessarily trade thousands or millions of times a day like stocks. Jon also mentioned how this affected mutual funds and ETFs, so we thought it was a good idea to bring Jon into the show to discuss more given the recent market events (as well as our CTO, Brandon Koepke).
Article Links:
“Price”, ETFs, and Bond Market Liquidity
https://alphaarchitect.com/2020/02/13/price-etfs-and-bond-market-liquidity/
External link to the video here.
https://www.youtube.com/watch?v=HYBlse8i-HM&feature=youtu.be