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REUTERS: Brutal Summer For Bond Investors As BLOODBATH In US Credit Market Continues...

REUTERS: Brutal Summer For Bond Investors As BLOODBATH In US Credit Market Continues...

By Reuters | 6 Jul, 2013 | 09.42PM

NEW YORK: It's shaping up to be a brutal summer for bond investors as the bloodbath in the US credit market shows no signs of letting up, even as nearly $80 billion has already been wiped from funds.

The past six weeks have been humbling for well-known fund managers including Bill Gross of PIMCO, Jeffrey Gundlach of DoubleLine Capital and Ray Dalio of Bridgewater Associates - all victims of a violent sell-off in US Treasuries, mortgage-backed securities or inflation-protected bonds.

Read more: http://economictimes.indiatimes.com/markets/global-markets/b...



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Have You Heard ??

That the BIS... {Bank which makes the rules for Central banks around the world }... Has changed the C. B. assets requirements in favor of physical Gold, as per the recent Basel III meeting.

Sorry no direct link:

http://www.bis.org/about/index.htm

beesting

Here Is The News Release :

Bank of International Settlements: Gold Becomes a Tier 1 Asset Class for Banks, A Stabilizing Mechanism

http://stratrisks.com/geostrat/6732

beesting

Good Work Beesting!

Thanks for posting

bump

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