1. US Blue-Chip Bond Funds Bleed $5.3 Billion in Single Week, Largest Outflow in a Year
A sudden and severe loss of confidence has hit the bedrock of the US credit market. Investment-grade bond funds, long considered a haven for institutional capital, just recorded their largest weekly cash exodus in approximately a year, with a staggering $5.3 billion pulled out by investors. This sharp reversal signals ...