MFOHome About Commentary Discussions Funds The Best Resources Support Us!

Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Sign In Register

Categories

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

ICI: U.S. Fund Investors Sold Most Bonds In Seven Weeks On Fed Hike

TedTed
in The Bullpen
FYI: U.S. fund investors battered bond markets with the biggest withdrawals in seven weeks and snatched the most cash from foreign stocks since mid-2015 as the Federal Reserve hiked interest rates, Investment Company Institute (ICI) data showed on Wednesday.

Some $12.2 billion tumbled from U.S.-based bond funds during the week ended Dec. 19, the trade group said, as the Fed raised its target interest rate for a ninth time in about three years.
Regards,
Ted
https://www.reuters.com/article/us-usa-mutualfunds-ici/u-s-fund-investors-sold-most-bonds-in-seven-weeks-on-fed-hike-ici-idUSKCN1OP15I
Sign In or Register to comment.