SPDR Portfolio Mortgage Backed Bond ETF Price & Performance (SPMB)

The SPDR Portfolio Mortgage Backed Bond ETF (SPMB) presents both buy and short signals based on varied resistance and support levels. For day traders, breaking above $22.09 signals a potential rise to $22.54, while testing resistance at $22.09 suggests a downside target of $21.55.12

Higher mortgage rates are dampening borrower activity but creating favorable conditions for MBS ETFs. Reduced prepayment risks and increased yields make these funds appealing. Investors should consider the Federal Reserve's policies, as future rate hikes or cuts could impact these ETFs' performance.34

Short-term bond funds are gaining attention as interest rate hikes ease. With reduced volatility compared to long-term bonds, these funds cater to investors seeking short-term goals. Options like Vanguard and Fidelity ETFs provide decent yields, but low expense ratios remain key for maximizing returns.53