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KM Financial Solutions | U.S. fund investors sold most bonds in seven weeks on Fed hike -ICI
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U.S. fund investors sold most bonds in seven weeks on Fed hike -ICI

25 Dec U.S. fund investors sold most bonds in seven weeks on Fed hike -ICI

Posted at 18:24h in News by
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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 yea

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