The Financial Times noted that data issued by mutual fund research company Morningstar supported the trend seen in US investors flocking to alternative bond funds in anticipation to the tapering of the US Federal Reserve's quantitative easing measures.
bond funds
Breaking News
Swiss lender UBS said it will be offering to repurchase some of the shares of its Puerto Rico bond funds. The buyback program came as the commonwealth's debt lost 16% this year.
Investors said that the bond yield spike brought about by new jobs are signals to prepare their portfolios.
TrimTabs has reported losses amounting to US$47.2 billion for bond mutual funds and bond ETFs.
Subscribe to VCpost newsletter
Most Popular
- Walgreens to Open a New Pharmacy Offering Cell and Gene Therapies to Patients With Chronic Diseases Like Cancer
- SSI Payment for May 2024: Supplemental Security Income Recipients to See Double Amount in Payout
- How to Apply for Social Security Spousal Benefits; Here's How You May Boost Your Money!
- Doctors Raise Concerns Over Proposed Capital Gains Tax Changes
- How to Get IRS Unclaimed Tax Refunds: Here's What to Do If You Think You Have Pending Payments
- JPMorgan CEO Warns of Economic Risks Amid Biden's 'Huge' Deficit Spending, Questions Likelihood of 'Soft Landing'
- MSC Darwin Ship Targeted by Yemen's Houthis in Gulf of Aden
- US Secretary of State Antony Blinken Calls on China to Treat American Companies Fairly During Visit to Shanghai
