American high-grade bond fund outflows are fastest since March

October 14, 2016

Demand for American-based bond funds demonstrated signs of waning for the last week, with market participants pulling cash from investment-grade corporate debt funds at the fastest pace since March. That’s what Lipper data unveiled on Friday.

Market participants, who have feasted on high-quality corporate debt in 2016, have become more wary of a probable interest rate lift by the Fed before year-end, which could drop bond values.

This year corporate bond prices have edged up, with the widely traded iShares iBoxx $ Investment Grade Corporate Bond ETF making more than 9% returns.

While recent withdrawals have been quite modest compared to the sturdy inflows earlier this year, the data disclosed high-grade bond funds returned up to $666 million in cash to investors during the seven days by October 12, the fastest pace of outflows for seven months.

So far this year, the funds have managed to grasp up to $90 billion.

Publication source
FBS information  FBS reviews

January 16, 2017
Surging equities at risk ahead of earnings season
While earnings season has started on a very positive footing, however, banks and other financial companies were already expected to shine more than others due to rising interest rate expectations. As non-financial companies begin to report in the coming weeks...
January 16, 2017
Oil prices were unmoved
After reaching 56.50 dollars per barrel Brent rolled back to 55.50. The benchmark started Friday in a consolidation. Brent extended its sideways trades during the European session. The “black gold” was range-bound-to lower during the day...
January 16, 2017
XAUUSD at major resistance, time to sell
We turn bearish below 1198 resistance (Fibonacci retracement, horizontal resistance) as we prepare to see a strong move down to 1176 support (Fibonacci retracement, recent swing low support, Fibonacci projection)...

Trade360 Rating
Z.com Trade Rating
Tickmill Rating
EXNESS Rating
 FXTM Rating
FBS Rating

TropicalTrade Rating
Anyoption Rating
Porter Finance Rating
TopOption Rating
Binary Brokerz Rating
Beeoptions Rating