Are MM pushing volumes in the GGOV ETF?

Hi Robert,

A few questions here hence I’ve broken up my answer:

1. MM has been calling bond yields higher, and prices lower, since early 2021 but we now believe the move is maturing fast hence it’s time to start accumulating bonds i.e. we only allocated 5% into the GGOV ETV as opposed to the regular 10%.
2. Depth for an ETF is a function of the offsetting stock, commodity or in this case a basket of bonds, remember the bond market is far larger and deeper than the equity market. In terms of liquidity, market makers provide this and the depth we see on the screen is certainly not the ‘real’ depth. If buying large quantities of these, it is best to speak with a broker who can contact the market maker to arrange the volume.
3. In terms of trades in the GGOV that day our alert may have been responsible for the lift in volume  but it wouldn’t have been noticed in the underlying bond market.

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BetaShares Treasury Bond 20+ year ETF (GGOV US)

LAST UPDATED 16/09/2022 15:12

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BetaShares Treasury Bond 20+ year ETF (GGOV US)

LAST UPDATED 16/09/2022 15:12