Bond ETFs: Not Mispricing (That Would Be Mutual Funds)

The bond market is convulsing in paroxysms of uncertainty. You don’t need me to tell you that. We’re seeing unprecedented moves in every corner of fixed income as markets try and deal with the quintuple threat of a global health crisis, a global recession, an energy price war, an election cycle, and increasing geopolitical tensions. I’d be shocked if something didn’t break.