Bond Funds collectively posted their second largest outflow year-to-date ahead of what is expected to be the seventh 0.25 percent rate hike in the current US tightening cycle. Emerging markets bond funds extended their longest run of outflows...
With a global growth story losing some luster, investors poured $45 billion in money market funds the first week of June alone, a record not seen since 2013.
Elections in Italy and the ouster of the Spanish prime minister will keep these countries in the headlines, and their markets unsettled. Investors should proceed with caution.
Fintech firms are finally cracking into the fixed income scene, aiming to provide advisors with market data, transparency and a better deal for their clients.