Mortgage ETFs See Biggest Outflows Since 2020 as 5% Treasury Yields Reshape the MBS Trade
Mortgage-backed securities ETFs are facing their biggest investor exodus since the pandemic as surging Treasury yields and elevated interest-rate volatility make mortgage bonds less attractive relative to government debt. MBS ETFs See Heaviest Selling Since 2020 U.S. mortgage-bond ETFs recorded $2.4 billion in net outf