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Re: None

Wednesday, 07/31/2019 12:31:10 PM

Wednesday, July 31, 2019 12:31:10 PM

Post# of 3
Maybe I'm a member of an elite club who doesn't believe the FED will lower rates?

IDK. Current rates this ETF should be trading around 103, and the NAV should show that. Interest rates dropped hard on the 1-6 month bills, and that means the value went up. Doesn't seem to show in the records. I've noticed that NAV moves slow on Bond Funds in general, compared to the corresponding futures.

If you have any insight on that, help me out before I accuse the whole street of being crooked. wink