Global bond funds see biggest outflows in two decades streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
An accelerating decline in bond markets is bringing fresh pain for fixed income investors in a year when global bonds have already lost a fifth of their value.
By David Randall NEW YORK (Reuters) - An accelerating decline in bond markets is bringing fresh pain for fixed income investors in a year when global .
With a backdrop of low yields and low expected upside from government bonds, multi-asset managers in aggregate have tended to be underweight government-bond duration in their fixed-income allocations, with a preference for less interest-rate-sensitive areas including shorter-dated bonds and credit.