US Mortgage-Backed Securities ETF Funds Outflow Amid Interest Rate Volatility
MBB iShares MBS ETF
$89.22 -0.16%
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- 1US mortgage-backed securities ETFs recorded a net outflow of $2.4 billion in September.
- 2BlackRock iShares MBS ETF (MBB) recorded a net outflow of $2.7 billion in September.
- 3The S&P US Mortgage-Backed Securities Index fell by more than 3% year-to-date.
So what's the key point?
A total of $2.4 billion flowed out of US mortgage-backed securities products in September. Related indices, including the BlackRock iShares MBS ETF (MBB), also fell by more than 3%.
Source The Daily Upside · View original ↗
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