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I don't know about a summer break, maybe in the eyes of some journalists?
As for bonds, for every story we see about the bond market ready to explode, there is another story about the amount of money going into bonds. This is what makes financial news reading hard these days.
If the Fed starts to raise rates, investors will go where the yields are best. This is a reason why investors are buying Unconstrained bond funds for example. On the other end of the scale, MM funds could benefit from higher rates.
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http://www.denverpost.com/business/ci_26660256/third-quarter-review-mutual-funds-take-summer-break?source=rss
As for bonds, for every story we see about the bond market ready to explode, there is another story about the amount of money going into bonds. This is what makes financial news reading hard these days.
If the Fed starts to raise rates, investors will go where the yields are best. This is a reason why investors are buying Unconstrained bond funds for example. On the other end of the scale, MM funds could benefit from higher rates.