Bond Funds
Keep up with the latest news about bond funds which can provide diversity and income to portfolios and offset equity risk.
June Outflows: Nearly $50 Billion for Money Markets, Other Funds
By Janet LevauxFRC says money-market funds lost more than $48 billion, while stock and bond funds dropped roughly $500 million.
July 27, 2011
Greece Sees Second Rescue as Euro BondGreece's Prime Minister George Papandreou said that the bond repurchase measure in the country's second bailout amounted to a joint euro zone bond in what he called a move beyond a monetary union for the group of 17 nations sharing a single currency.
July 26, 2011
Greek Bond Swap to Cost Creditors 21%Swaps of existing Greek bonds for new ones with longer maturity dates will cost private bondholders 21%, according to Greece's deputy finance minister, who said Tuesday that exchanges for the new debt instruments would begin in August.
July 25, 2011
Europe’s Market Euphoria Over Greek Rescue Turns SourEuropean markets gave back gains made on initial euphoria over last week’s Greek rescue plan, with the bond market in particular voting no confidence.
July 25, 2011
Moody's Downgrades Greece, Says Default Almost InevitableMoody's pushed Greece down to a single notch above default at Ca on Monday after the deal put together to rescue Athens from its debt woes proved unacceptable to the ratings agency.
July 22, 2011
Muni Bonds Offer Safe Haven Despite Whitney's PredictionWhile Lipper, Morningstar, ICI and BondDesk report different muni fund flow numbers for June, all agree that municipal bond fund sales are thriving.
July 14, 2011
Italian Bond Rate Jumps at AuctionItaly was forced to pay record yields on bonds sold at auction on Thursday.
July 13, 2011
Ireland Slashed to Junk; EU Considers Greek DefaultMoody's downgraded Ireland's debt to junk status as the EU pondered options to deal with the crisis in Greece.