
Mutual Fund Trading Style and Bond Market Fragility
A subset of mutual funds intentionally supply liquidity in corporate bond markets during periods of…
A subset of mutual funds intentionally supply liquidity in corporate bond markets during periods of…
A working paper by Amber Anand, Edward Pettinella Professor of Finance, finds some buy-side institutions…
This study finds market makers scale back in unison when market conditions are unfavorable, which…