Wall Street’s ‘Buffer’ ETFs Face Test as War Spurs Volatility

Bonds keep failing at one of their key jobs — cushioning stock losses. Wall Street has noticed, and it’s pushing an alternative: an $80 billion category of equity funds designed to provide the downside protection Treasuries may no longer reliably deliver.

Mar 12, 2026 - 20:00
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Wall Street’s ‘Buffer’ ETFs Face Test as War Spurs Volatility
Bonds keep failing at one of their key jobs — cushioning stock losses. Wall Street has noticed, and it’s pushing an alternative: an $80 billion category of equity funds designed to provide the downside protection Treasuries may no longer reliably deliver.

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