For 35 weeks in a row, investors have put cash into municipal bond funds as Refinitiv Lipper reported $603 million of inflows while high-yield funds eked out a gain of slightly more than $1 million.
As the U.S. Federal Reserve gears up to taper its huge asset purchases, investors reeling from gyrations in the bond market are scanning the road ahead for signs of how effectively the central bank.
Analysis-With Fed taper expected, investors brace for rate hikes on horizon wtbx.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wtbx.com Daily Mail and Mail on Sunday newspapers.
As the U.S. Federal Reserve gears up to taper its huge asset purchases, investors reeling from gyrations in the bond market are scanning the road ahead for signs of how effectively the central bank can tighten policy to deal with stubbornly high inflation.
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