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John Waggoner: Investors Poured $23 Billion Into Taxable Bond Funds In September
FYI: Investors had a fever in September, and the only cure was more bond funds. Bond funds got more assets in September than Blue Oyster Cult fans got cowbell. Investors poured $23.3 billion in net new cash to taxable bond funds last month, according to Morningstar. Municipal bond funds saw inflows of $4.5 billion Regards, Ted http://www.investmentnews.com/article/20161019/FREE/161019918?template=printart