'Go-to place to get liquidity': ETF efficiency amid the SVB collapse
Publishing timestamp: 2023-03-15 13:26:51
Summary
Despite recent volatility in the banking sector, ETFs have continued to trade and provide liquidity for investors. ETFs act as a price discovery tool and a bellwether for how markets expect the banking sector to perform. Short-term cash instruments like BIL and SHV have seen heavy inflows as investors anticipate rising interest rates and market volatility. ETFs remain a big driver of the larger liquidity story and are used by investors to price risk and find portfolio insurance.
Sentiment: NEUTRAL
Keywords: svb financial group, business news, ishares short treasury bond etf, stock markets, investment strategy, spdr bloomberg 1-3 month t-bill etf, exchange-traded funds, markets, spdr s&p bank etf,