Wall Street’s ‘Buffer’ ETFs Face Test as War Spurs Volatility
Bonds keep failing at one of their key jobs — cushioning stock losses. Wall Street has noticed, and it’s pushing an alternative: an $80 billion category of equity funds designed...
By Katie Greifeld · Bloomberg Markets
Bonds keep failing at one of their key jobs — cushioning stock losses. Wall Street has noticed, and it’s pushing an alternative: an $80 billion category of equity funds designed to provide the downside protection Treasuries may no longer reliably deliver.