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Gundlach’s Fund Had Its Biggest Redemptions in September

Comments

  • Wow, Mom and pop clients have not just "tapered" their buying, but have gone from steady buying to outright selling 118 billion since May. This net swing has a much greater effect than the 10 or 15 billion tapering the Fed was contemplating.

  • Anyone still wondering why Mr. Poobah hopes the Fed will keep buying bonds forever?
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