MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Wednesday, June 26, 2013 Diving Bond Funds Continue To Scare It's no secret that the bond market has been in panic mode since Ben Bernanke's announcement that the Fed may soon begin tapering off its expansive monetary policy. But the raw numbers behind that panic are still disconcerting. Bond mutual funds and ETFs have seen massive outflows, with bond mutual funds losing $39.9 billion this month to June 18, and bond ETFs losing $7.3 billion for a total outflow of $47.2 billion, ETF Daily News reported. The previous outflow record for bond ETFs was $41.8 billion in 2008. Interestingly, the money flowing out of bonds isn't going to other asset classes because the liquidity crunch and China's economic concerns are causing investors to think cautiously. To read more, click here. Printed from: MFWire.com/story.asp?s=44545 Copyright 2013, InvestmentWires, Inc. All Rights Reserved |