Fed Fears Weigh on Mortgage-Backed Securities ETFs
August 21, 2013 at 15:35 PM EDT
In anticipation of the eventual Fed withdrawal from mortgage-backed securities purchases, MBS-related exchange traded funds have tracked lower and are now testing their summer lows. The iShares MBS Bond ETF (NYSEArca: MBB) fell 3.4% over the past three months. The minutes of the Fed’s July...